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Admati and Hellwig argue we can have a safer and healthier banking system without sacrificing any of the benefits of the system, and at essentially no cost to society.
Latest Stories in Finance
January 1, 2011
A finance professor says permissive bankruptcy laws, not bad business downturns, seem to be the greatest cause of corporate bond defaults.
December 1, 2010
A new study argues that household stock ownership decreases as the tax benefits associated with owning stocks inside a pension plan increase.
November 1, 2010
A finance professor explores the relationship between temporary shocks and CFOs' conservative approach to debt financing.
July 1, 2010
An economist finds that random factors play a large role in determining the kinds of jobs MBAs take upon graduation.
May 1, 2010
An economist explains that, while reforms to provide some degree of transparency are key, full disclosure may not fix securities markets.
April 1, 2010
The economist says the resilience of developing nations during the world economic crisis is encouraging, but long-term growth needs a global strategy.
April 1, 2010
Two Stanford finance experts distinguished between ethical and legal issues in an analysis of the Securities and Exchange Commission's lawsuit against Goldman Sachs.