Why are banks too big to fail?
How come bankers take the profits while we take the risks?
Checking the Banks is an easy-to-read primer on how a bank—and the banking system—works. Complex ideas, like what is a bank’s capital, along with leverage, risk-weighting, and repo transactions are explained and made simple.
“Tom Sgouros offers a sorely-needed set of recipes for building financial institutions that respond to the needs of our economy and the desires of our citizens—from credit unions to cooperatives, and from special-purpose municipal authorities to full-fledged public banking institutions.”
There has never been a more important time for people to understand how the financial system works… and why it doesn’t.
Price: $19.99
Price: $9.99
You may also be interested in Tom Sgouros book, Ten Things You Don’t Know About Rhode Island
- About Tom Sgouros…
- The Banks are Broken. Let’s Fix them—Ourselves: Interview with Tom Sgouros in The Providence Phoenix
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