Review of The Fall of the House of Credit: What went wrong in banking and what can be done to repair the damage?

Alistair Milne, The Fall of the House of Credit: What went wrong in banking and what can be done to repair the damage?, Cambridge University Press 2009, 380 pages

The debate on the causes of the latest financial crisis, resulting in the collapse of banks like dominos and its consequent impact on the real sector of the economy will endure. The remedial measures that could be taken to prevent the recurrence of this will continue to occupy the centre stage among bankers, economists, governments and

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