{"product_id":"the-banking-system-in-troubled-times-new-issues-of-stability-and-continuity-hardcover","title":"The Banking System in Troubled Times: New Issues of Stability and Continuity - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eJeremy F. Taylor\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe terms system and industry are frequently used interchangeably--and with obfuscatory results. Members of Congress are especially prone to do so, and would profit from a perusal of the volume at hand. So will most bankers. The author, Jeremy Taylor, a bank officer, is typical of the younger breed of banking writers in combining hands-on practical experience with the ability to handle high-powered abstractions successfully. . . . This book is the latest in a useful series of publications by Quorum Books, generally dissident in both perspective and tone, yet thoroughly persuasive in substance. \u003ci\u003eBankers Monthly\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eThe continuing rise in bank failures, including newsmaking crashes at such banks as Penn Square and Continental Illinois, along with the insolvency of the Federal Savings and Loan Insurance Corporation Fund, has eroded confidence in the nation's banking system. Taylor offers an analysis of the implications that events over the past years have had for the future operation of the U.S. banking system. In analyzing why the system is in such disequilibrium, Taylor presents a systemic view of banking operations and functions, a perspective he argues has been lacking in previous works on the subject. He also suggests ways to remedy the current crisis situation and restore individual and institutional customer confidence. \u003cp\u003e\u003c\/p\u003eTaylor's systemic approach enables him to compare the present U.S. situation to the British banking crisis of 1973-1975. He analyzes a series of bank failures and explains that the FDIC has three alternatives to bank failures: payoffs, bailouts, and buyouts. He introduces a new model designed to help the financial and banking communities resolve certain difficulties and proposes new ways of dealing with credit risk and credit malfunction. Finally, Taylor stresses the importance of social consensus and the function played by public opinion in aiding or avoiding potential bank failures. An important addition to the banking and finance curriculum, this book will also benefit banking executives and policymakers concerned with today's unacceptably high level of bank failure.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eJEREMY F. TAYLOR is Strategic Planning Officer at Key Bank of Central New York. He has written articles published in the \u003ci\u003eJournal of Commercial Bank Lending\u003c\/i\u003e, \u003ci\u003e Bankers' Monthly\u003c\/i\u003e, the \u003ci\u003eABA Banking Journal\u003c\/i\u003e, \u003ci\u003eThe Bankers' Magazine\u003c\/i\u003e, \u003ci\u003eBusiness Quarterly\u003c\/i\u003e, \u003ci\u003eManagement World\u003c\/i\u003e, and \u003ci\u003eBankers' Newsweekly\u003c\/i\u003e\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 203\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.5 x 9.21 x 6.14 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e June 26, 1989\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":43302107807879,"sku":"9780899304267","price":180.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/MAwjn-NnTi9780899304267.webp?v=1760115014","url":"https:\/\/booksby.splitshops.com\/products\/the-banking-system-in-troubled-times-new-issues-of-stability-and-continuity-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}