GSBooks: “Bankers’ New Clothes” Then and Now, with Anat Admati

Originally published in 2013, just four years after the financial collapse devastated the economy, The Bankers’ New Clothes: What’s Wrong With Banking and What to Do About It offered a scathing critique on how our banking system remained resistant to reform and riddled with risk. With a new expanded edition released in early 2024, Professor Anat Admati delves into what has changed in the banking industry and what has stubbornly remained the same.