What Reforms Are Needed to Improve the Safety and Soundness of the Banking System
作者提出两项建议:对银行的组织复杂性进行专项检查和评级,以及对难以快速处置的系统重要性银行按预先公开的模型进行资本重组。
To further improve bank safety and soundness in the years ahead, the author makes two recommendations: that banks be examined and rated specifically on their organizational complexity and that systemically important banks that are too big to resolve quickly be recapitalized according to a model that is known in advance by their competitors and by the general public.