Former Treasury chief Larry Summers proposes new way to assess bank risk – unfortunately, it's a really bad metric

In a Brookings Papers on Economic Activity publication last month, Harvard economists Natasha Sarin and Larry Summers posed the question, “Have Big Banks Gotten Safer?” When such an important figure weighs in on a subject of such profound interest to our subscribers and readers, it deserves close attention. Unfortunately, the paper is based on a fundamental flaw.

This content requires a Finadium subscription. Articles with an unlocked symbol can be accessed with free registration. Log in or create a free account by signing up here..

Related Posts

Previous Post
Moody's: Primary broker dealers' pull back from US repo market likely to have only minimal credit impact on money market funds
Next Post
Finalising Basel III, speech by William Coen, Secretary General of the Basel Committee

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account