An analysis of the collapse of the Rhode Island Share and Deposit Indemnity Corp., focusing on distinguishing the elements of failure that it shared with other large state-chartered deposit insurance funds from those that were unique to Rhode Island.
A history of the evolution of political economy models in the early 1930s-crucial years of change in the supervision and regulation of the financial industry-outlining the policies of the Hoover and Roosevelt administrations.
A summary of the history of financial services regulation in the United States and an examination of the conflicting models of political economy, or the legal framework, that lay behind that history.
History of changes in theory of role of lender of last resort and a discussion of distinction between necessity and convenience (American and European versions of lender of last resort theory) in mounting rescue operations through central bank.
On December 19, 1991, President Bush signed into law the Federal Deposit Insurance Corporation Improvement Act (FDIC1A), which Congress passed to address problems it saw in the supervision of federally insured banks.