The Fed and the credit crisis
By: J. Kevin Corder
Publisher: Lynne Rienner Publishers
Published: 2012
Place of publication: Boulder, Colo
Language: eng
Number of pages: 181
ISBN-13: 9781588268204
Subjects: Monetary policy; Global Financial Crisis, 2008-2009; Board of Governors of the Federal Reserve System (U.S.)
Description: What was the role of the Federal Reserve System in the 2008 financial crisis -- as a cause of the crisis, as the most important government agency to respond, and as the center of federal efforts to prevent another crisis? J. Kevin Corder provides an incisive account of the Fed choices that contributed to the "crash of 2008." Centering his analysis on the oversight of mortgage lending and the regulation/supervision of financial institutions and instruments, Corder draws out the implications of the crisis for the Fed's mission. Equally, he charts the new political and technical challenges that the system faces as the financial sector recovers. -- Publisher description.
Notes: Includes bibliographical references and index.