Why government guarantees are a double-edged sword

Professor Julian Franks looks at why banks were so highly levered prior to and even during the crisis. His recent research with Professor Viral Acharya discusses the impact government guarantees have had on bank debt.

9 Minuten

8.6 MB

Podcast

Podcaster

London Business School podcasts

The latest in news and thought leadership from London Business School.

Schulung , Bildung , Wirtschaftsnachrichten , Wirtschaft , Nachrichten & Politik

Beschreibung

vor 16 Jahren

Professor Julian Franks looks at why banks were so highly levered
prior to and even during the crisis. His recent research with
Professor Viral Acharya discusses the impact government guarantees
have had on bank debt.