| Foreword |
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xiii | |
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xv | |
| Preface |
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xvii | |
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PART ONE Understanding the Immediate Political Reactions |
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1 | (36) |
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Chapter 1 Immediate U.S. Reaction: The Emergency Economic Stabilization Act of 2008 |
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3 | (14) |
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All Roads Ultimately Lead to Congress |
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3 | (3) |
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How a Crisis Bill Becomes an Emergency Law |
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6 | (7) |
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13 | (2) |
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15 | (2) |
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Chapter 2 Rise of the G20---A Global Call to Action |
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17 | (8) |
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A New International Financial Order |
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17 | (3) |
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Toward a Balanced Approach |
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20 | (2) |
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22 | (3) |
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Chapter 3 The Beginnings of the New Regulatory Reality |
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25 | (12) |
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Democracy Can Act Swiftly in a Crisis |
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26 | (1) |
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Problems at a Small Minority of Firms Create Lasting Industry Problems |
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26 | (2) |
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Populist Anger Drives Unintended Consequences |
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28 | (2) |
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When Governments Intervene to Protect Taxpayers, Strings Are Attached |
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30 | (1) |
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Crises Have Long Political and Regulatory Tails |
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30 | (1) |
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Safety Valves Don't Always Work as Expected |
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31 | (2) |
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International Crises Command Global Responses |
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33 | (1) |
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34 | (3) |
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PART TWO Understanding U.S. and G20 Regulatory Reforms |
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37 | (84) |
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Chapter 4 The U.S. Legislative Process |
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41 | (28) |
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42 | (1) |
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42 | (8) |
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50 | (8) |
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58 | (8) |
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66 | (3) |
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Chapter 5 The Dodd-Frank Act of 2010 |
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69 | (42) |
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New Regulatory Architecture |
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70 | (18) |
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88 | (8) |
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New Operating Restrictions |
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96 | (9) |
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105 | (2) |
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107 | (4) |
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Chapter 6 Beyond the United States---Current G20 Efforts |
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111 | (10) |
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112 | (4) |
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IMF Review of U.S. Financial Sector Assessment Program, 2010 |
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116 | (1) |
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117 | (2) |
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119 | (2) |
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PART THREE Preparedness: 10 Lessons for Winning in the New Regulatory Reality |
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121 | (190) |
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Chapter 7 Set the Right Leadership Tone at the Top |
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127 | (20) |
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127 | (1) |
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128 | (5) |
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133 | (3) |
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Leadership on Public Policy |
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136 | (8) |
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144 | (3) |
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Chapter 8 Tell a Good Story |
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147 | (16) |
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148 | (1) |
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What Individual Firms Can Do |
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149 | (6) |
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What the Industry Must Do |
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155 | (6) |
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161 | (2) |
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Chapter 9 Be Politically Adept, Not Tone Deat |
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163 | (18) |
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164 | (1) |
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New Legislative Mandates for Executive Compensation Limits |
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164 | (10) |
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174 | (5) |
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179 | (2) |
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Chapter 10 Advocate Constructively for Better Outcomes |
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181 | (24) |
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182 | (1) |
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No Shortage of Future Policy Debates |
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183 | (2) |
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The Importance of Balanced Policy Objectives |
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185 | (3) |
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Re-Engaging Public Policy |
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188 | (7) |
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Broader Issues: Getting Back to Competitiveness |
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195 | (2) |
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197 | (8) |
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Chapter 11 Manage Strategy and Regulatory Risks Together |
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205 | (8) |
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205 | (3) |
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Strategy and Regulatory Risks after the Dodd-Frank Act |
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208 | (4) |
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212 | (1) |
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Chapter 12 Maintain Fortress Strength at All Times |
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213 | (18) |
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214 | (1) |
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New Basel III Requirements |
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215 | (5) |
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New Capital and Liquidity Requirements in the Dodd-Frank Act |
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220 | (7) |
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227 | (4) |
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Chapter 13 Live Good Governance |
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231 | (16) |
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232 | (1) |
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The Value of Good Governance |
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233 | (1) |
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Recent Regulatory Efforts to Improve Corporate Governance |
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234 | (9) |
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243 | (1) |
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243 | (4) |
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Chapter 14 Plan Carefully for Contingencies |
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247 | (16) |
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248 | (4) |
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U.S. Rapid Resolution Plans |
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252 | (4) |
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256 | (7) |
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Chapter 15 Engage Regulators on Warning Signs |
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263 | (20) |
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264 | (1) |
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Making Sense of Crisis Warning Signs |
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265 | (9) |
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The New Official U.S. Role in Identifying Financial Crises |
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274 | (2) |
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An Industry Action Plan on Early Crisis Detection |
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276 | (4) |
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280 | (3) |
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Chapter 16 Build Trust-Based Supervisory Relationships |
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283 | (20) |
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284 | (1) |
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Building Trust-Based Supervisory Relationships |
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285 | (10) |
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Improve Supervisory Relationships to Avoid Negative Regulatory Consequences |
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295 | (5) |
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300 | (3) |
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Chapter 17 Conclusion---Be Prepared! |
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303 | (8) |
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Implications for Financial Companies |
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303 | (3) |
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Implications for the Financial Services Industry |
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306 | (5) |
| Notes |
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311 | (18) |
| Additional Resources |
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329 | (2) |
| Acknowledgments |
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331 | (4) |
| About the Author |
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335 | (2) |
| Index |
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337 | |