Anat Admati exposes the flaws in the banking system that could trigger another financial collapse, and lays out a plan to fix it in her new book “The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It.” Admati is the George G.C. Parker professor of finance and economics at the Stanford Graduate School of Business. She co-wrote the book with Martin Hellwig, an economics professor in Bonn, Germany. Here is a direct video link.
Also see more on Admati’s refreshing new Stanford course where she seeks to enlighten her students on the real world impacts of finance: Beyond the basics: finance and society elective teaches students to think about broader implications.
Cory’s Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”