Market Rules : : Bankers, Presidents, and the Origins of the Great Recession / / Mark H. Rose.

Although most Americans attribute shifting practices in the financial industry to the invisible hand of the market, Mark H. Rose reveals the degree to which presidents, legislators, regulators, and even bankers themselves have long taken an active interest in regulating the industry.In 1971, members...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Penn Press eBook Frontlist Package 2019
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Place / Publishing House:Philadelphia : : University of Pennsylvania Press, , [2018]
©2019
Year of Publication:2018
Language:English
Series:American Business, Politics, and Society
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Physical Description:1 online resource (272 p.)
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Table of Contents:
  • Frontmatter
  • CONTENTS
  • Preface
  • Introduction. Politics and the Markets They Made
  • PART I. LAWMAKERS AND REGULATORS
  • Chapter 1. Deregulation Before Deregulation: John Kennedy, Lyndon Johnson, and James Saxon
  • Chapter 2. Supermarket Banks: Richard Nixon and Donald Regan
  • PART II. BANKERS IN POLITICS
  • Chapter 3. Rescuing Banks Through Growth: Walter Wriston and Citicorp
  • Chapter 4. A Marine in Banker’s Clothing: Hugh McColl and North Carolina National Bank
  • PART III. NEW REGIMES FOR BANKERS
  • Chapter 5. Full-Service Banks: Bill Clinton and Sandy Weill
  • Chapter 6. God’s Work in Finance: Ken Lewis, Charles Prince, Richard Fuld, and Henry Paulson
  • Chapter 7. Reregulating the Regulators: Barack Obama and Timothy Geithner
  • Epilogue. Another Round of Bank Politics
  • Notes
  • Index
  • Acknowledgments