Search Results
Monograph
The CRA and the recent mortgage crisis
Conference Paper
Bankers on boards: monitoring, financing, and lender liability
This paper investigates what factors determine whether a commercial banker joins the board of a non-financial firm and how a banker on the board affects the firm. We consider the trade off between the benefits of bank monitoring to the firm and the costs to the bank of becoming actively involved in firm management. On the one hand, smaller and more volatile firms with few tangible assets might benefit most from close bank ties. On the other, the U.S. legal doctrines "equitable subordination" and "lender liability" could generate high costs for banks which have a representative on the ...
Conference Paper
Analyzing and assessing banking crises
Speech
Why are yield curves so flat and long rates so low globally? a speech at the Bankers' Association for Finance and Trade, New York, New York, June 15, 2006
Governor Randall S. Kroszner presented identical remarks at the Institute of International Bankers, New York, New York, June 15, 2006