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Diane Publishing Books
American Finance for the 21st Century
Robert E. Litan & Jonathan Rauch. Takes a broad look at the strengths & weaknesses of the U.S. financial services system. In the past 30 years, interest rate controls have collapsed, & the array of options available to ordinary savers has grown beyond all recognition. Borrowers, too, enjoy more choices than ever before, & at lower cost than they would otherwise pay in the absence of the innovations created in the past several decades. Contents: the financial services industry today; tides of change; energizing competition; containing risk; & expanding financial opportunity. Charts & graphs.
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