Anthony Saunders: Financial Institutions, In and Out of Crisis: Reflections by Anthony Saunders

The recent financial crisis has reemphasized the importance of research on issues such as the relevance of too-big-to-fail guarantees, deposit insurance, and risk management by financial institutions, all of which have been widely discussed by practitioners, policymakers, and academics. The book Financial Institutions, In and Out of Crisis by Anthony Saunders, John M. Schiff Professor of Finance at New York University, is a careful selection of 20 academic papers that discuss many of the issues that became relevant during the crisis.