Regulators’ Irrational Rationality and Bankers’ Rational Irrationality

Banks and other financial institutions which were „too-big- to-fail“ (TBTF) played a central role in the Global Financial Crisis of 2007– 2009. The article lays out how misguided policies enabled banks to grow both in size as well as in complexity and therefore acquire TBTF status, particular...

Full description

Bibliographic Details
Main Author: Thomas S. Umlauft
Format: Article
Language:deu
Published: StudienVerlag 2015-04-01
Series:Österreichische Zeitschrift für Geschichtswissenschaften
Subjects:
Online Access:https://journals.univie.ac.at/index.php/oezg/article/view/3661