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The Bankers' New Clothes

I'm a big fan of The Bankers' New Clothes: What's Wrong With Banking and What To Do About It by Anat Admati and Martin Hellwig. Anyone interested in the future of banking and how banking should be regulated needs to read this highly accessible book. Recently, Admati and Hellwig have written a response to their many critics, which attempts to debunk 28 flawed claims - it is available here. In the video below, Admati gives an interview to INET about The Bankers' New Clothes.


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The Failure of Herstatt Bank

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