How big banks fail and what to do about it

Daryl Duffy's "How Big Banks Fail and What to Do About It" offers a critical analysis of the factors contributing to bank failures, particularly focusing on the events leading up to and during the 2008 financial crisis.

The book delves into the complexities of systemic risk and regulatory shortcomings, providing insights into the interconnectedness of financial institutions.

Duffy examines the role of leverage, liquidity, and risk management practices in exacerbating financial instability.

He proposes concrete policy recommendations aimed at strengthening the resilience of the banking sector and preventing future crises.

The book is a valuable resource for policymakers, regulators, and anyone interested in understanding the intricacies of the global financial system.