The puzzling pervasiveness of dysfunctional banking

Charles Calomiris interviewed by Romesh Vaitilingam, 21 March 2014

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Topics:  Financial markets

Tags:  credit booms, banking, banks, systemic risk, recapitalisation, Eurozone crisis, Bank credit, bank capital

Calomiris, C W and S H Haber (2014), Fragile by Design: The Political Origins of Banking Crises and Scarce Credit, Princeton University Press.

Henry Kaufman Professor of Financial Institutions, Columbia University Graduate School of Business

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