Government Interventions in Economic Emergencies. (Record no. 60034)
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| fixed length control field | 11510nam a22005653i 4500 |
| 001 - CONTROL NUMBER | |
| control field | EBC3019064 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | MiAaPQ |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20240729124112.0 |
| 006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS | |
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| 007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
| fixed length control field | cr cnu|||||||| |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240724s2010 xx o ||||0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9781612094083 |
| Qualifying information | (electronic bk.) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| Canceled/invalid ISBN | 9781607413561 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (MiAaPQ)EBC3019064 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (Au-PeEL)EBL3019064 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (CaPaEBR)ebr10662871 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (OCoLC)699510156 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | MiAaPQ |
| Language of cataloging | eng |
| Description conventions | rda |
| -- | pn |
| Transcribing agency | MiAaPQ |
| Modifying agency | MiAaPQ |
| 050 #4 - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HG181 -- .G68 2010eb |
| 082 0# - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | 339.5/30973 |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Sastre, Pablo. |
| 245 10 - TITLE STATEMENT | |
| Title | Government Interventions in Economic Emergencies. |
| 250 ## - EDITION STATEMENT | |
| Edition statement | 1st ed. |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Place of production, publication, distribution, manufacture | New York : |
| Name of producer, publisher, distributor, manufacturer | Nova Science Publishers, Incorporated, |
| Date of production, publication, distribution, manufacture, or copyright notice | 2010. |
| 264 #4 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Date of production, publication, distribution, manufacture, or copyright notice | ©2010. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1 online resource (293 pages) |
| 336 ## - CONTENT TYPE | |
| Content type term | text |
| Content type code | txt |
| Source | rdacontent |
| 337 ## - MEDIA TYPE | |
| Media type term | computer |
| Media type code | c |
| Source | rdamedia |
| 338 ## - CARRIER TYPE | |
| Carrier type term | online resource |
| Carrier type code | cr |
| Source | rdacarrier |
| 490 1# - SERIES STATEMENT | |
| Series statement | Economic Issues, Problems and Perspectives |
| 505 0# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Intro -- GOVERNMENT INTERVENTIONS IN ECONOMIC EMERGENCIES -- GOVERNMENT INTERVENTIONS IN ECONOMIC EMERGENCIES -- CONTENTS -- PREFACE -- AUCTION BASICS: BACKGROUND FOR ASSESSING PROPOSED TREASURY PURCHASES OF MORTGAGE-BACKED SECURITIES -- SUMMARY -- DUTCH AUCTIONS AND REVERSE DUTCH AUCTIONS -- Quality Differences of Troubled Assets Presents Challenges for Auctions -- Adverse Selection and Firms' Asset Holdings -- Reputational Issues and Participation -- Sequencing Issues -- Will Auctions Unlock Credit Markets? -- Costs and Risks to Taxpayers -- AUCTION DESIGN -- Single-Unit Auctions -- Why are Treasury Auctions Called Dutch Auctions? -- Imperfect Information: Common Values and the Winner's Curse -- Revenue Equivalence -- Multiple-Unit Auctions -- Manipulation and Demand-Reduction Strategies -- Complementarities -- Dutch Auctions with Multiple Units -- Uniform-Price vs. Individual Price Auctions -- End Notes -- BANKING AND SECURITIES REGULATION AND AGENCY ENFORCEMENT AUTHORITIES -- SUMMARY -- BACKGROUND -- AN OVERVIEW OF BANKING AND SECURITIES REGULATION -- Banking -- Securities -- MAJOR ENFORCEMENT-RELATED STATUTES -- Banking -- Securities -- ORGANIZATION OF ENFORCEMENT PROGRAMS -- Banking -- Securities -- COMPARISON OF ENFORCEMENT AND COMPLIANCE TOOLS -- FOR FURTHER READING -- End Notes -- BEAR STEARNS: CRISIS AND "RESCUE" FOR A MAJOR PROVIDER OF MORTGAGE-RELATED PRODUCTS -- SUMMARY -- INTRODUCTION -- BACKGROUND ON BEAR STEARNS -- MORTGAGE-BACKED SECURITIES -- BEAR STEARNS AND THE INITIAL FED "RESCUE" -- JP MORGAN INITIALLY AGREES TO ACQUIRE BEAR STEARNS WITH FED ASSISTANCE -- THE AMENDED BUYOUT OFFER -- THE ALTERED TERMS FOR THE FED AND THE DEBATE OVER MORAL HAZARD AND SYSTEMIC RISK -- RELATED CONGRESSIONAL CONCERNS -- End Notes -- CONTAINING FINANCIAL CRISIS -- SUMMARY -- INTRODUCTION -- THE UNDERLYING FINANCIAL PROBLEMS. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Complex Finance: The House of Cards -- SIVs -- Metro's Credit Enhancement -- What Makes a Financial Crisis? -- GOVERNMENT INTERVENTIONS -- Open Market Operations and Monetary Policy -- The Discount Window -- Term Auction Facility (TAF) -- Treasury's "Super-SIV" Proposal -- Provision of New Capital to Financial Institutions -- Bear Stearns -- Fannie Mae and Freddie Mac -- AIG -- The 700 Billion Troubled Assets Relief Program (P.L. 110-343) -- Increases in Government Guarantees and Insurance -- Commercial Paper -- Citigroup -- POLICY ISSUES: ARE REGULATORS' TOOLS ADEQUATE? -- Information -- Speculation -- End Notes -- THE COST OF GOVERNMENT FINANCIAL INTERVENTIONS, PAST AND PRESENT -- SUMMARY -- WHERE HAS THE MONEY COME FROM? -- THE COST OF FINANCIAL INTERVENTIONS -- RECENT FINANCIAL INTERVENTIONS -- Troubled Assets Relief Program (TARP) -- American International Group (AIG) -- Fannie Mae and Freddie Mac -- Bear Stearns -- End Notes -- DANGERS FROM THE POLITICAL ALLOCATION OF CAPITAL -- INFORMATION PROBLEMS -- UNRESPONSIVENESS -- BIAS AGAINST ENTREPRENEURSHIP AND INNOVATION -- BIAS FOR CONSTITUENTS -- RESOURCE DIVERSION -- CORRUPTION AND CRONY CAPITALISM -- CONCLUSION -- APPENDIX: FEDERAL RESERVE ACTIONS -- End Notes -- DON'T SPEND TO EXCESS IN THE NAME OF KEYNESIANISM -- INTRODUCTION -- KEYNESIAN FISCAL POLICY -- HISTORY MISINTERPRETED -- GOVERNMENT'S ROLE -- FEDERAL STIMULUS SO FAR -- CONCLUSION -- EMERGENCY ECONOMIC STABILIZATION ACT: PRELIMINARY ANALYSIS OF OVERSIGHT PROVISIONS -- SUMMARY -- INTRODUCTION -- Oversight and Audit Mechanisms -- THE FINANCIAL STABILITY OVERSIGHT BOARD AND THE CONGRESSIONAL OVERSIGHT PANEL -- Placement within the Government -- Responsibilities -- Access to Information -- Membership -- Leadership -- Pay for Members -- Meetings/Quorum -- Staffing/Consultants -- Reports by the Entities -- Reports to the Entities. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Funding -- Termination -- THE SPECIAL INSPECTOR GENERAL FOR THE TARP AND THE COMPTROLLER GENERAL'S ROLE IN THE ACT -- Placement within the Government -- Responsibilities -- When Audits Begin -- Access to Information -- Obligation of the TARP to Respond to Audits -- Staffing/Contracting -- Reports -- Funding -- Termination -- CONCLUDING OBSERVATIONS -- Overlapping Responsibilities -- Possible Additions to Reporting Requirements -- A Delayed Start for the COP and the Special IG -- Possible Reassessment of Oversight Mechanisms -- Certain Issues Are Unclear -- Oversight and the Balance of Power -- End Notes -- STATEMENT OF PETER R. ORSZAG, FEDERAL RESPONSES TO MARKET TURMOIL, BEFORE THE COMMITTEE ON THE BUDGET U.S. HOUSE OF REPRESENTATIVES -- THE TROUBLED ASSET RELIEF ACT OF 2008 -- THE BUDGETARY TREATMENT OF THE PROPOSAL -- DETERMINING A PURCHASE PRICE FOR TROUBLED ASSETS -- FINANCIAL MARKET AND OTHER EFFECTS OF THE PROPOSAL -- ALTERNATIVES TO THE TREASURY'S PROPOSAL -- End Notes -- THE U.S. FINANCIAL CRISIS: LESSONS FROM CHILE -- SUMMARY -- Untitled -- THE CHILEAN BANKING CRISIS OF 1981-84 -- THE GOVERNMENT RESPONSE -- Debt Restructuring -- Restoring Bank Balance Sheets -- Restructuring Distressed Banks -- POSSIBLE LESSONS FROM CHILE'S BANK CRISIS -- End Notes -- THE U.S. FINANCIAL CRISIS: LESSONS FROM JAPAN -- SUMMARY -- NET COST OF BAILOUTS -- LESSONS LEARNED -- End Notes -- THE U.S. FINANCIAL CRISIS: LESSONS FROM SWEDEN -- SUMMARY -- BACKGROUND -- DEREGULATION -- THE FINANCIAL CRISIS -- LESSONS LEARNED FROM SWEDEN'S EXPERIENCE -- End Notes -- FINANCIAL MARKET INTERVENTION -- SUMMARY -- CURRENT CONCERNS -- What, If Anything, Is Wrong with the Financial System? -- When Did Trouble in the Financial Markets Start? -- What Caused Financial Market Turmoil? -- If 97% of Borrowers Are Still Current on Their Mortgage, Why Is the Financial Turmoil So Large?. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Where Are the Problem Loans Located? -- Why Did the Financial Shocks Happen? -- Who Is Affected by the Financial Turmoil? -- How Have Policymakers Responded to Financial Turmoil? -- Why Has the Federal Reserve Not Restored Order in Financial Markets? -- What Does Treasury Propose to Do? -- What Were Some of the Additions and Deletions to the Proposal Offered in H.R. 3997? -- End Notes -- FUTURE OF FINANCIAL SERVICES HEARING -- TESTIMONY BY SECRETARY HENRY M. PAULSON, JR. BBEFORE THE HOUSE COMMITTEE ON FINANCIAL SERVICES HEARING ON TURMOIL IN U.S. CREDIT MARKETS: RECENT ACTIONS REGARDING GOVERNMENT SPONSORED ENTITIES, INVESTMENT BANKS AND OTHER FINANCIAL INSTITUTIONS -- GOVERNMENT INTERVENTIONS IN FINANCIAL MARKETS: ECONOMIC AND HISTORIC ANALYSIS OF SUBPRIME MORTGAGE OPTIONS -- SUMMARY -- INTRODUCTION -- POLICY ISSUES -- A BRIEF OVERVIEW OF SUBPRIME DELINQUENCY AND DEFAULT -- THE NATURE OF THE SUBPRIME RESET PROBLEM -- SELECTED PREVIOUS GOVERNMENT INTERVENTIONS -- Home Owners' Loan Corporation -- Contemporary Issues -- Results -- Application to Subprime Mortgage Restructuring -- Continental Illinois -- Contemporary Issues -- Results -- Application to Subprime Mortgage Restructuring -- Savings and Loans -- Contemporary Issues -- Results -- Application to Subprime Mortgage Restructuring -- Brady Bonds -- Contemporary Issues -- Results -- Application to Subprime Mortgage Restructuring -- CONCLUSION -- End Notes -- STATEMENT BY SECRETARY HENRY M. PAULSON, JR. ON COMPREHENSIVE APPROACH TO MARKET DEVELOPMENTS -- REMARKS BY SECRETARY HENRY M. PAULSON, JR. ON FINANCIAL RESCUE PACKAGE AND ECONOMIC UPDATE -- CURRENT STATE OF GLOBAL FINANCIAL SYSTEM -- HOUSING AND MORTGAGE FINANCE -- IMPLEMENTING THE FINANCIAL RESCUE PACKAGE -- CAPITAL PURCHASE PLAN -- PRIORITIES FOR REMAINING TARP FUNDS -- FURTHER STRATEGIES -- GLOBAL CHALLENGE -- CONCLUSION. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | PROPOSAL TO ALLOW TREASURY TO BUY MORTGAGE-RELATED ASSETS TO ADDRESS FINANCIAL INSTABILITY -- SUMMARY -- THE DRAFT PROPOSALS -- Purchase of Mortgage-Related Assets -- Debt Limit -- Definition of Troubled Asset -- Authority to Take Action -- Restrictions -- Factors to Guide Intervention -- Management of Mortgage-Related Assets -- Loss Mitigation and Loan Modification -- Sunset -- Reports to Congress -- FREQUENTLY ASKED QUESTIONS -- Does the Proposal Include Provisions to Help Home Owners Facing Foreclosure? -- Is the Program Limited to Home Mortgages? -- What Price Will Treasury Pay for the Assets It Purchases? -- What Happens to Funds the Treasury Receives from Disposing of the Assets? -- What Is the Potential Cost of Bad Mortgage-Related Debt? -- What Role Did Housing Play in Financial Turmoil? -- How Did Financial Markets Magnify the Effects of Mortgage Defaults? -- How, If At All, Could Financial Turmoil Affect the Wider Economy If Nothing Is Done? -- How, If At All, Could Intervention in Mortgage-Related Securities Markets Calm Financial Markets? -- What Is the Rationale for Acting Now? -- How Did Interest Rate Spreads Indicate A Sudden Loss of Confidence? -- Couldn't the Same Assets Be Purchased through Fannie Mae and Freddie Mac Now That They Are in a Conservatorship Backed by the Treasury? -- End Notes -- THE RESOLUTION TRUST CORPORATION: HISTORICAL ANALYSIS -- SUMMARY -- INTRODUCTION -- THE ENACTMENT OF FIRREA AND THE BEGINNINGS OF THE RTC -- THE STRUCTURE OF THE RTC -- Equity Partnerships -- Commercial Mortgages and Securitization -- CONCLUSION -- End Notes -- ECONOMIC SLOWDOWN: ISSUES AND POLICIES -- SUMMARY -- THE CURRENT STATE OF THE ECONOMY -- Is Additional Fiscal Stimulus Needed? -- STIMULUS PROPOSALS ENACTED AND CONSIDERED -- Preliminary Evidence on the Rebates' Economic Effects -- Business Tax Incentives -- Housing Provisions. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Extending Unemployment Benefits. |
| 588 ## - SOURCE OF DESCRIPTION NOTE | |
| Source of description note | Description based on publisher supplied metadata and other sources. |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Finance -- Government policy -- United States. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Financial crises -- Government policy -- United States. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Global Financial Crisis, 2008-2009. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Monetary policy -- United States. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | United States -- Economic policy -- 2009-. |
| 655 #4 - INDEX TERM--GENRE/FORM | |
| Genre/form data or focus term | Electronic books. |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Chambliss, Catherine. |
| 776 08 - ADDITIONAL PHYSICAL FORM ENTRY | |
| Relationship information | Print version: |
| Main entry heading | Sastre, Pablo |
| Title | Government Interventions in Economic Emergencies |
| Place, publisher, and date of publication | New York : Nova Science Publishers, Incorporated,c2010 |
| International Standard Book Number | 9781607413561 |
| 797 2# - LOCAL ADDED ENTRY--CORPORATE NAME (RLIN) | |
| Corporate name or jurisdiction name as entry element | ProQuest (Firm) |
| 830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
| Uniform title | Economic Issues, Problems and Perspectives |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://ebookcentral.proquest.com/lib/orpp/detail.action?docID=3019064">https://ebookcentral.proquest.com/lib/orpp/detail.action?docID=3019064</a> |
| Public note | Click to View |
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