Skip to main content Accessibility help
×
Home
Saving the Market from Itself
  • Get access
    Check if you have access via personal or institutional login
  • Cited by 3
  • Export citation
  • Recommend to librarian
  • Buy the print book

Book description

The 2007–9 financial crisis threatened economic disaster on a scale not seen since the Great Depression, but rapid state action prevented the widely feared devastation. The German response was considerably more generous to banks than the American or British bailouts. Drawing on interviews and primary sources in government, private firms, and media, Mitchell explains how the structure of national financial systems and interbank relationships produced extensive private rescues and pressure on different states. Mitchell explores the different responses and results in Germany, the UK and the US using a combination of detailed case study analyses of the three countries' responses to the crisis and a quantitative analysis of patterns of state responses to financial crises. This book will be essential reading for scholars and advanced students of political economy, comparative politics, economic sociology, economics, and public policy.

Refine List

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Send to Kindle
  • Send to Dropbox
  • Send to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.
×

Contents

Abdelal, Rawi 2007. Capital Rules: The Construction of Global Finance. Cambridge, MA: Harvard University Press.
Albert, Michel 1993. Capitalism vs. Capitalism: How America’s Obsession with Individual Achievement and Short-Term Profit Has Led It to the Brink of Collapse. New York: Four Walls Eight Windows.
Aldrick, Philip 2008. “Taxpayer’s Rock Risk ‘Disguised’ Government Accused of Trickery over Bank Nationalisation Plan Amid Growing Fears of Damage to Public Funds. Philip Aldrick Reports.” The Daily Telegraph (London), January 15, sec. CITY; CREDIT CRISIS.
Aldrick, Philip 2009. “Germany Edges Closer to Hypo Nationalisation.” The Daily Telegraph (London), April 10, sec. CITY.
Aldrick, Philip and Griffiths, Katherine 2008. “Bail-Out to Change Face of Banking.The Daily Telegraph (London), October 14, sec. CITY; STATE CONTROL.
Allen, Franklin and Gale, Douglas 2000. Comparing Financial Systems. Cambridge, MA: MIT Press.
Allen, Matthew M. C. 2006. The Varieties of Capitalism Paradigm: Explaining Germany’s Comparative Advantage? New York: Palgrave.
Armitstead, Louise, Aldrick, Philip, and Griffiths, Katherine 2008. “Inside Story of Brown’s Rescue Mission to Save British Banks; the Taxpayer-Funded Rescue of Three High Street Banks Represents Gordon Brown’s Biggest Gamble. Louise Armitstead and Philip Aldrick Report on an Unprecedented Bail-Out.The Sunday Telegraph (London), October 19, sec. CITY.
Arnone, Marco 2012. “Central Bank Law,” sites.google.com/site/marcoarnone/centralbanklaws, accessed August 3, 2012.
Aronson, Bruce E. 2010. “The Financial Crisis One Year Later: Proceedings of a Panel Discussion,” Creighton Law Review 43(2): 275.
Askeland, Erikka 2008. “Banks Now ‘Bulletproof’ and Must Start Lending-Sants.” The Scotsman, October 16.
Bagehot, Walter 1892. Lombard Street: A Description of the Money Market. New York: Charles Scribner’s Sons.
Bain, Simon 2008. “Revolt against Freeze on Bank Dividends Gaining Momentum; UKSA Urges Government to Amend Bailout Conditions.” The Herald (Glasgow), October 20, sec. BUSINESS.
Bair, Sheila 2012. Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself. New York: Free Press.
Barnes, Eddie 2008. “Salmond Seeks HBOS Review First Minister Believes GBP 37bn Rescue Deal Can Allow Bank to Remain Independent.” Scotland on Sunday, October 19.
Barofsky, Neil M. 2012. Bailout: An Inside Account of How Washington Abandoned Main Street while Rescuing Wall Street. New York: Free Press.
Barrow, Becky 2008. “Bank Bail-Out Costs UK Taxpayer Billions.” Daily Mail (London), September 29.
BBC Monitoring Europe 2008a. “German Chancellor Defends Financial Market Rescue Package.” BBC Monitoring Europe – Political Supplied by BBC Worldwide Monitoring, October 13.
BBC Monitoring Europe 2008b. “German Finance Minister Says Crisis Not over Yet.” BBC Monitoring Europe – Political Supplied by BBC Worldwide Monitoring, October 27.
BBC Monitoring Europe 2008c. “German Government Plans to Rush Bank Rescue Package through Parliament.” BBC Monitoring Europe – Political Supplied by BBC Worldwide Monitoring, October 12.
BBC Monitoring Europe 2008d. “German Lender Hypo Granted First Liquidity Aid Amounting to 15bn Euros.” BBC Monitoring Europe – Political Supplied by BBC Worldwide Monitoring, October 31.
BBC Monitoring Europe 2008e. “Germany Working on Plan B for Bank Rescue Plan Based on UK Model.” BBC Monitoring Europe – Political Supplied by BBC Worldwide Monitoring, November 3.
BBC Monitoring Europe 2009a. “German Business Leaders Warn Chancellor Not to Harm Competition.” BBC Monitoring Europe – Political Supplied by BBC Worldwide Monitoring, March 17.
BBC Monitoring Europe 2009b. “German Cabinet Approves Bill Enabling Nationalization of Beleaguered Banks.” BBC Monitoring Europe – Political Supplied by BBC Worldwide Monitoring, February 18.
BBC Monitoring Europe 2009c. “German Upper House Approves Bank Expropriation Law-News Agency.” BBC Monitoring Europe – Political Supplied by BBC Worldwide Monitoring, April 3.
BBC Monitoring Europe 2009d. “Shares in German Mortgage Lender Surge as Government Unveils Rescue.” BBC Monitoring Europe – Political Supplied by BBC Worldwide Monitoring, March 30.
BdB, Bundesbank and Foreign Ministry representatives, interviews by author, 2011
Beck, Thorsten 2002. “Deposit Insurance as Private Club: Is Germany a Model?,” Quarterly Review of Economics and Finance 42(4): 701719.
Beck, Thorsten, Demirgüç-Kunt, Asli, and Levine, Ross 2009. “Financial Institutions and Markets across Countries and over Time-Data and Analysis.” World Bank Policy Research Working Paper Series.
Beck, Thorsten, Clarke, George, Groff, Alberto, Keefer, Philip, and Walsh, Patrick 2001. “New Tools in Comparative Political Economy: The Database of Political Institutions,” The World Bank Economic Review 15 (1): 165176.
Becker, Joseph 1976. “International Insolvency: The Case of Herstatt,” American Bar Association Journal 62(10-01): 1290.
Becker, Uwe 2009. Open Varieties of Capitalism: Continuity, Change and Performances. Basingstoke, NY: Palgrave Macmillan.
Behrmann, Neil 2008. “RBS Nationalised as Part of Rescue Deal; Britain to also Take Major Share in Merged HBOS-Lloyds; Bonus Culture to Go.” The Business Times Singapore, October 14.
Behrmann, Neil 2009. “RBS Posts Biggest Loss in UK Business History; It Parks [GBP]325b in Asset Protection Scheme; Will Sell Some Operations.” The Business Times Singapore, February 27.
Belfast Telegraph 2008. “Germany in Euro 50bn Rescue of Lender.Belfast Telegraph, October 6.
Belfast Telegraph 2009. “Taxpayer Will Own Half of ‘Super-Bank.’” Belfast Telegraph, January 12.
Bello, Walden 1999. “The Asian Financial Crisis: Causes, Dynamics, Prospects,” Journal of the Asia Pacific Economy 4(1): 3355.
Bentley, Daniel 2012. “Northern Rock Bank Run Could Have Been Avoided, Says Hector Sants.” The Independent (London), June 13.
Bernanke, Ben 2002. “Remarks by Governor Ben S. Bernanke at the Conference to Honor Milton Friedman, University of Chicago, Chicago, Illinois November 8, 2002 on Milton Friedman’s Ninetieth Birthday.” The Federal Reserve Board.
Beyer, Jürgen and Höpner, Martin 2003. “The Disintegration of Organised Capitalism: German Corporate Governance in the 1990s,” West European Politics 26(4): 179198.
Bhattacharya, Sudipto and Gale, Douglas 1987. “Preference Shocks, Liquidity and Central Bank Policy,” in Barnett, William A. and Singleton, Kenneth J. (eds.), New Approaches to Monetary Economics: Proceedings of the Second International Symposium in Economic Theory and Econometrics. Cambridge, UK: Cambridge University Press.
Birmingham Post 2007. “High Street Giants Turn Backs on Crisis-Hit Northern Rock.” Birmingham Post, September 24, sec. BUSINESS.
Blackhurst, Chris 2008. “The Bankers’ Banker Who Put Safety First and Came Out Ahead; Profile: Mike Geoghegan’s HSBC Used to be Seen as a Plodder But He Didn’t Get His Knuckles Rapped by Ministers and It Doesn’t Need Our Money. Its Rivals Are Still Smarting.” The Evening Standard (London), October 22.
Blackhurst, Chris 2009. “Is this the Man Who Sold Barclays Down the River?; A Rescue Deal Hailed Only Months Ago Seems Set to Put the Bank in the Hands of Arab Investors after a Run on Shares. Now CEO John Varley Is Being Blamed for the Humiliation.” The Evening Standard (London), January 22.
Block, Melissa 2014. NPR All Things Considered: For Geithner, Financial Crisis Was Like Landing a Burning Plane. May 12 (Radio).
Blyth, Mark 2013. Austerity: The History of a Dangerous Idea. Oxford, UK: Oxford University Press.
Board, Laura 2008a. “Germany Revives Hypo Real Bailout.” Daily Deal/The Deal, October 6.
Board, Laura 2008b. “HBOS Falls to Lloyds TSB.” Daily Deal/The Deal, September 19.
Boles, Tracey 2008. “Don’t Let Greed Drive a Sell-Out to the Sheikhs.” Sunday Express, November 2.
Bonatti, Luigi and Fracasso, Andrea 2015. “The German Model and the European Crisis,” Journal of Common Market Studies 51(6): 10231039.
Börzel, Tanja A. and Heard-Lauréote, Karen. “Networks in EU Multi-Level Governance: Concepts and Contributions,” Journal of Public Policy 29(2): 135151.
Boyd, John H., Kwak, Sungkyu, and Smith, Bruce D. 2005. “The Real Output Losses Associated with Modern Banking Crises,” Journal of Money, Credit and Banking 37(6): 977999.
Boyer, Robert 1996. “The Convergence Thesis Revisited: Globalization But Still the Century of Nations?,” in Berger, Suzanne and Dore, Ronald Philip (eds.). National Diversity and Global Capitalism. Ithaca, NY: Cornell University Press.
Boyes, Roger 2008. “Every Country for Itself as European Unity Collapses in an Attack of Jitters.” The Times (London), October 6, sec. HOME NEWS.
Braude, Jonathan 2008. “Germany, Sweden Detail New Bailouts.” Daily Deal/The Deal, October 21.
Braude, Jonathan 2010. “BayernLB Ends WestLB Merger Talks.” Daily Deal/The Deal, November 4.
Bristol Evening Post 2008. “Bradford & Bingley Facing Nationalisation,” September 29.
Brogan, Benedict 2008. “Rock’s Investors Line Up to Block a State Takeover.” Daily Mail (London), January 14, sec. 1ST.
Brogan, Benedict and Chapman, James 2007. “£55billion; Taxpayers’ Bill to Support Northern Rock Outstrips the Education Budget.” Daily Mail (London), December 19, sec. 1ST.
Brummer, Alex 2007. “A Real Failure of Leadership.” Daily Mail (London), August 31, 2007, sec. 1ST.
Brummer, Alex 2008. “The Banks Must be Forced to Save the Rock.” Daily Mail (London), January 16, sec. 1ST.
Bryant, John 1980. “A Model of Reserves, Bank Runs, and Deposit Insurance,” Journal of Banking & Finance 4(4): 335344.
Buergin, Rainer 2007. “German Minister Suggests Sale of Stake in IKB.” The International Herald Tribune, August 9, sec. FINANCE.
Bulkeley, Andrew 2007a. “German Banks Save Subprime Victim.” Daily Deal/The Deal, December 14.
Bulkeley, Andrew 2007b. “Subprime Crisis Claims German Bank.” Daily Deal/The Deal, August 28.
Bulkeley, Andrew 2008a. “BayernLB Calls for State Funding.” Daily Deal/The Deal, October 23, 2008.
Bulkeley, Andrew 2008b. “German Bank Rescue Delayed.” Daily Deal/The Deal, February 8.
Bulkeley, Andrew 2008c. “German Government Bails Out Hypo.” Daily Deal/The Deal, September 30.
Bulkeley, Andrew 2008d. “HSH Takes Lehman-Related Write-Down.” Daily Deal/The Deal, September 25.
Bulkeley, Andrew 2009a. “Berlin Injects More Capital into Hypo Real Estate.” Daily Deal/The Deal, November 5.
Bulkeley, Andrew 2009b. “Commerzbank Considers Asset Sales.” Daily Deal/The Deal, March 12.
Bulkeley, Andrew 2009c. “Commerzbank to Tap Rescue Fund Again.” Daily Deal/The Deal, January 9.
Bulkeley, Andrew 2009d. “Critics Challenge German Bank Bailout.” Daily Deal/The Deal, February 19.
Bulkeley, Andrew 2009e. “Dresdner Looks to Rescue Fund.” Daily Deal/The Deal, January 7.
Bulkeley, Andrew 2009f. “Germany Launches Hypo Buyout.” Daily Deal/The Deal, April 10.
Bulkeley, Andrew 2009g. “Germany May Take Majority of Hypo.” Daily Deal/The Deal, January 29.
Bulkeley, Andrew 2009h. “Germany Reels in Hypo RE.” Daily Deal/The Deal, March 31.
Bulkeley, Andrew 2009i. “HSH Awaits Government Bailout.” Daily Deal/The Deal, February 24.
Bulkeley, Andrew 2009j. “Hypo Gets New State Aid.” Daily Deal/The Deal, February 12.
Bulkeley, Andrew 2009k. “Path Cleared for Hypo Nationalization.” Daily Deal/The Deal, May 7.
Bulkeley, Andrew 2010. “Seven European Banks Fail Stress Test.” Daily Deal/The Deal, July 23.
Bulkeley, Andrew 2011a. “Germany Offers Three Restructuring Options for WestLB.” Daily Deal/The Deal, February 16.
Bulkeley, Andrew 2011b. “WestLB Will Break into Two Lenders.” Daily Deal/The Deal, June 24.
Burnham, Peter 2010. “Class, Capital and Crisis: A Return to Fundamentals,” Political Studies Review 8(1): 2739.
Callaghan, Helen 2009. “Insiders, Outsiders, and the Politics of Corporate Governance How Ownership Structure Shapes Party Positions in Britain, Germany, and France,” Comparative Political Studies 42(6): 733762.
Callaghan, Helen 2010. “Beyond Methodological Nationalism: How Multilevel Governance Affects the Clash of Capitalisms,” Journal of European Public Policy 17(4): 564580.
Callaghan, Helen and Höpner, Martin 2012. “Changing Ideas: Organised Capitalism and the German Left,” West European Politics 35(3): 551573.
Cameron, Martin 2008. “Salmond: New HBOS Rescue Plan Will Save Jobs; First Minister Backs Finance Chiefs’ Bank Bid.” Daily Record (PM) – UK, November 10, sec. NEWS.
Caprio, Gerald, Klingebiel, Daniela, and Noguera, Guillermo 2005. “Banking Crisis Database,” in Honohan and Laeven (eds.).
Carpenter, Daniel and Moss, David A. (eds.) 2013. Preventing Regulatory Capture: Special Interest Influence and How to Limit It. Cambridge: Cambridge University Press.
Cerny, Philip G. 2005. “Power, Markets and Accountability: The Development of Multi-Level Governance in International Finance,” in Baker, Hudson, and Woodward (eds.).
Champ, Bruce, Smith, Bruce D. and Williamson, Stephen D. 1996. “Currency Elasticity and Banking Panics: Theory and Evidence.” Canadian Journal of Economics 29 (4): 828864.
Chapman, James 2008. “Protests over the ‘Blank Cheque’ for Northern Rock.” Daily Mail (London), February 20, sec. 1ST.
Chari, V. V. 1989. “Banking Without Deposit Insurance or Bank Panics: Lessons from a Model of the US National Banking System,” Federal Reserve Bank of Minneapolis Quarterly Review 13(3): 319.
Cioffi, John W. and Höpner, Martin 2006. “The Political Paradox of Finance Capitalism: Interests, Preferences, and Center-Left Party Politics in Corporate Governance Reform,” Politics & Society 34(4): 463502.
Claessens, Stijn, Kose, M. Ayhan, Laeven, Luc, and Valencia, Fabian (eds.) 2014. Financial Crises: Causes, Consequences, and Policy Responses. Washington, DC: International Monetary Fund.
Clark, Nick 2009. “German Government Injects Euro 10bn into Commerzbank; State to Take 25 Per Cent Stake to Preserve Merger Deal with Dresdner Bank.” The Independent (London), January 9, sec. BUSINESS.
Clegg, Nick 2009. “Britain Needs Tax Cuts – Not Just a Bank Bailout.” The Independent (London), October 9, sec. COMMENT.
Coates, David 2005a. “Paradigms of Explanation,” in Coates (ed.).
Coates, David 2005b. Varieties of Capitalism, Varieties of Approaches. New York: Palgrave Macmillan.
Cody, Edward 2008. “No Joint European Strategy on Banks; 4 Top Economies Seek World Summit.” The Washington Post, October 5, sec. A-SECTION.
Comptroller and Auditor General National Audit Office (UK) 2009a. Maintaining Financial Stability across the United Kingdom’s Banking System. London: National Audit Office. See the appendix.
Comptroller and Auditor General National Audit Office (UK) 2009b. The Nationalisation of Northern Rock. London: National Audit Office.
Comptroller and Auditor General National Audit Office (UK) 2010a. The Asset Protection Scheme. London: National Audit Office. See appendices 3 to 7 and glossary.
Comptroller and Auditor General National Audit Office (UK) 2010b. The Creation and Sale of Northern Rock Plc. London: National Audit Office.
Comptroller and Auditor General National Audit Office (UK) 2015. The Report of the Comptroller and Auditor General to the House of Commons. London: National Audit Office.
Conaway, Laura 2009. NPR Planet Money: Geithner’s Stress Test. February 25 (Radio).
Corkery, Aiden 2008. “Shares Plunge as Rescue Plans Fail; Irish Stocks Are Hammered as Bailouts Have Little Impact.” Daily Mail (London), October 7.
Crawford, David and Walker, Marcus 2009. “Germany Ignored Regulator’s Hypo Warning; Documents Show Market Watchdog Bafin Raised Alarm Bells Six Months before Massive Government Bailout.” The Globe and Mail (Canada), May 28, sec. REPORT ON BUSINESS: INTERNATIONAL; CREDIT CRISIS.
Crowe, Christopher and Meade, Ellen E. 2007. “The Evolution of Central Bank Governance around the World,” The Journal of Economic Perspectives 6990.
Cukierman, Alex 2008. “Central Bank Independence and Monetary Policymaking Institutions – Past, Present and Future,” European Journal of Political Economy 24(4): 722736.
Cukierman, Alex, Web, Steven B., and Neyapti, Bilin 1992. “Measuring the Independence of Central Banks and Its Effect on Policy Outcomes,” The World Bank Economic Review 6(3): 353398.
Culpepper, Pepper D. 2010. Quiet Politics and Business Power: Corporate Control in Europe and Japan. Cambridge, UK: Cambridge University Press.
Culpepper, Pepper D. and Reinke, Raphael 2014. “Structural Power and Bank Bailouts in the United Kingdom and the United States,” Politics & Society 42 (4): 427454.
Cusack, Thomas R., Iversen, Torben, and Soskice, David W. 2007. “Economic Interests and the Origins of Electoral Systems,” American Political Science Review 101(3): 373.
Cusick, James and Watt, Chris 2009. “Brown’s Role Questioned as Government Takes 63 Per Cent Stake in Lloyds; Chief Executive Daniels under Pressure as Treasury Forces Bank to Lend GBP28bn.” Sunday Herald, March 8, sec. NEWS.
Daily Mail (London) 2008. “Royal Bank of Scotland Goes Begging for E13billion Bail-Out to Cover Losses.” Daily Mail (London), April 19, sec. IRE.
Darling, Alistair 2012. Back from the Brink: 1000 Days at Number 11. London: Atlantic Books Limited.
Deeg, Richard 1999. Finance Capitalism Unveiled: Banks and the German Political Economy. Ann Arbor: University of Michigan Press.
Deeg, Richard and Jackson, Gregory 2007. “Towards a More Dynamic Theory of Capitalist Variety,” Socio-Economic Review 5(1): 149179.
Deeg, Richard and Lütz, Suzanne 2000. “Internationalization and Financial Federalism: The United States and Germany at the Crossroads?,” Comparative Political Studies 33(3): 374405.
Demirgüç-Kunt, Asli and Detragiache, Enrica 1998. “The Determinants of Banking Crises in Developing and Developed Countries,” Staff Papers – International Monetary Fund 45(1): 81109.
Demirgüç-Kunt, Asli and Levine, Ross 1999. Bank-Based and Market-Based Financial Systems: Cross-Country Comparisons. Washington, DC: World Bank Publications, vol. 2143.
Dempsey, Judy 2008. “Germany Loosens Limit on Executive Pay at Banks That Use Its Bailout Fund.” The New York Times, October 21, sec. B; BUSINESS/FINANCIAL DESK.
Devlin, Robert and Ffrench-Davis, Ricardo 1995. “The Great Latin American Debt Crisis: A Decade of Asymmetric Adjustment,” Revista de Economica Politica 14(3): 117142.
Dey, Iain 2007. “Barclays and RBS Line Up Fed for Pounds 15bn Credit Line Arranged to Provide ‘Short-Term Liquidity’ for Banks’ American Customers.” The Sunday Telegraph (London), October 21, sec. CITY.
Dey, Iain and Smith, David 2008. “Fred the Shred in the Line of Fire.” The Sunday Times (London), April 20, sec. BUSINESS.
Dey, Iain and O’Connell, Dominic 2009. “The Men Who Broke a Bank; Eric Daniels and Sir Victor Blank Took Britain’s Safest Bank and Turned It into a Basketcase – and Left the Taxpayer on the Hook Too, Report Dominic O’Connell and Iain Dey.” The Sunday Times (London), March 8, sec. NEWS.
Diamond, Douglas W. and Dybvig, Philip H. 1983. “Bank Runs, Deposit Insurance, and Liquidity,” The Journal of Political Economy 401419.
Dougherty, Carter 2008a. “Authorities Aid Banks in Europe.” The New York Times, September 30, sec. C; BUSINESS/FINANCIAL DESK.
Dougherty, Carter 2008b. “Few Takers so Far as Europeans make Financial Rescue Packages Available.” The New York Times, October 18, sec. B; BUSINESS/FINANCIAL DESK.
Dougherty, Carter 2009. “U.S. Investor Lacks Allies in German Bank Battle; Financier Threatens Suit if Government Buys Up Hypo Real Estate.” The International Herald Tribune, April 27, sec. FINANCE.
Doward, Jamie, Stewart, Heather, Bachelor, Lisa, and Smith, David 2007. “Panic? Queue Here: Emergency Loans from the Bank of England. Worried Customers Waiting in Line across the Country to Rescue Their Savings. Pleas for the Country to ‘Stay Calm’ as Britain Is Finally Caught in the Financial Crisis that Started in Small-Town America with Reckless Lending to People Who Could Not Afford Mortgage Repayments, What Next in the Battle to Keep the Globe Afloat?” The Observer (England), September 16, sec. OBSERVER FOCUS PAGES.
Duke, Simon 2007. “Branson Takes the Lead in Multi-Billion Race to Rescue Rock.” Daily Mail (London), November 26, sec. 2ND.
Duncan, Gary and Lewis, Carol 2009. “Nationalisation of Hypo Bank Proposed as the First Move in Radical German Plan to Ease Banks Crisis.” The Times (London), April 10, sec. BUSINESS.
Duncan, Hugo 2008. “Shares in B & B Dive on Fears for its Future.” The Evening Standard (London), July 4, sec. C.
Duncanson, Hilary 2008. “Connery Backs Bid to Block HBOS Merger.” Press Association Mediapoint, December 8.
Dyson, Kenneth and Padgett, Stephen 2005. “Introduction: Global, Rhineland or Hybrid Capitalism?,” German Politics 14(2): 115124.
Economist 2007a. “Lessons of the Fall: Northern Rock.” The Economist, October 17.
Economist 2007b. “Soft-Touch Regulation.” The Economist, October 11.
Essen, Yvette 2008. “Banking B & B Charm Offensive to Promote Pounds 400m Rescue.” The Daily Telegraph (London), June 9, sec. CITY.
Euromoney 2009. “German Banks Get Stressed Out,” June.
European Commission 2001. Press Statement after the Meeting of Commissioner Monti and State Secretary Koch-Weser on 17.7.2001. Brussels: European Commission.
European Commission 2007. State Aid NN 70/2007 (Ex CP 269/07) – United Kingdom Rescue Aid to Northern Rock. Brussels: European Commission.
European Commission 2008. “State Aid C 9/08 (Ex NN 8/08) – Sachsen LB Invitation to Submit Comments Pursuant to Article 88(2) of the EC Treaty,” Official Journal of the European Union C71 (March 18): 14.
European Commission 2009a. “Commission Decision of 21 October 2008 on State Aid Measure C 10/08 (Ex NN 7/08) Implemented by Germany for the Restructuring of IKB Deutsche Industriebank AG (Notified under Document C(2008) 6022),” Official Journal of the European Union L278 (October 23): 32.
European Commission 2009b. “Commission Decision of 4 June 2008 on State Aid C 9/08 (Ex NN 8/08, CP 244/07) Implemented by Germany for Sachsen LB (Notified under Document Number C(2008) 2269),” Official Journal of the European Union L104 (April 24): 34.
European Commission 2009c. “Communication from the Commission – the Recapitalisation of Financial Institutions in the Current Financial Crisis: Limitation of Aid to the Minimum Necessary and Safeguards against Undue Distortions of Competition,” Official Journal of the European Union C10 (May 10): 2.
European Commission 2009d. 2009/971/EC: Commission Decision of 12 May 2009 on State Aid Which Germany Proposes to Grant towards the Restructuring of WestLB AG (C 43/08 (Ex N 390/08)) (Notified under Document C(2009) 3900) Text with EEA Relevance. Brussels: European Commission.
European Commission 2009e. State Aid N 244/2009 – Commerzbank – Germany. Brussels: European Commission.
European Commission 2009f. State Aid N 264/2009 (Ex-PN 59/2009) – Germany Rescue Aid (Recapitalisation and Risk Shield) to HSH Nordbank AG. Brussels: European Commission.
European Commission 2009g. State Aid No 422/2009 and N 621/2009 – United Kingdom Restructuring of Royal Bank of Scotland Following Its Recapitalisation by the State and Its Participation in the Asset Protection Scheme. Brussels: European Commission.
European Commission 2010a. “Commission Decision of 18 July 2011 on State Aid C 15/09 (Ex N 196/09), Which Germany Implemented and Is Planning to Implement for Hypo Real Estate (Notified under Document C(2011) 5157),” Official Journal of the European Union L60 (March 1): 1.
European Commission 2010b. “State Aid C 40/09 (Ex N 555/09) – Additional Aid for WestLB AG Related to Spin-Off of Assets Invitation to Submit Comments Pursuant to Article 108(2) TFEU (Text with EEA Relevance) (2010/C 66/08),” Official Journal of the European Union C66 (March 17): 15.
Evans-Pritchard, Ambrose 2008a. “Berlin Rescues IKB to Avoid a ‘Banking Tsunami.’” The Daily Telegraph (London), February 14, sec. CITY; GERMAN ECONOMY.
Evans-Pritchard, Ambrose 2008b. “Lending; Eurozone Agrees to an Emergency Bailout Plan.” The Daily Telegraph (London), October 13, sec. CITY.
Ewing, Jack 2010. “Losses at Landesbank May Bring Changes to Banking in Germany.” The New York Times, January 12, sec. B; BUSINESS/FINANCIAL DESK.
Farndon, Lucy 2008. “FSA Wanted British Banks to Buy B & B.” Daily Mail (London), July 12.
Farrell, Sean 2008. “Lloyds–HBOS Merger Doubts as Shares Slump; Halifax Stock Plunges 14 Per Cent Amid Speculation that Lloyds TSB Will Renegotiate Offer.” The Independent (London), October 1, sec. BUSINESS.
Farrell, Sean 2009. “I Don’t Think History Will be Kind to Lloyds’ Bosses.” Belfast Telegraph, March 10.
Fecht, Falko 2004. “On the Stability of Different Financial Systems,” Journal of the European Economic Association 2(6): 9691014.
Federal Deposit Insurance Corporation 2013a. “Historical Statistics on Banking,” accessed March 7, 2013, http://www2.fdic.gov/hsob/.
Federal Deposit Insurance Corporation 2013b. “Statistics on Banking,” accessed March 7, 2013, http://www2.fdic.gov/sdi/sob/.
Felix, David 1990. “Latin America’s Debt Crisis,” World Policy Journal 7(4): 733771.
Financial Services Authority (UK) 2011. The Failure of the Royal Bank of Scotland: Financial Services Authority Board Report. London: Financial Services Authority.
Fincher, Christina 2007. “Bank of England Keeps a Stiff Upper Lip.” National Post’s Financial Post & FP Investing (Canada), August 17, sec. FINANCIAL POST.
Fioretos, Karl Orfeo 2011. Creative Reconstructions: Multilateralism and European Varieties of Capitalism after 1950. Ithaca, NY: Cornell University Press.
Fleming, Sam 2008a. “The Bank Unveils the King of all U-Turns.” Daily Mail (London), April 22, sec. 1ST.
Fleming, Sam 2008b. “Lenders Hit by £ 17bn Wipeout; Bank Rescue Plan Revealed Green Comes Out Fighting US Bails Out Big Business.” Daily Mail (London), October 8.
Fleming, Sam 2009. “EU Will Bring New Lenders to High St.” Daily Mail (London), October 28.
Ford, Emily 2011. “Germany to Resurrect Beefed-Up Bank Bailout Fund.” The Times (London), December 15, sec. BUSINESS.
Forsyth, Michael 2008. “Bail-Out Questions That Must Be Answered; Michael Forsyth Says the Tories Are Right to Demand More Information about Labour’s Blank Cheque.” The Daily Telegraph (London), October 25, sec. FEATURES; COMMENT.
Fraser, Ian 2008. “The Bankers’ New Clothes; RBS’s Refunding Move Is the First Step in UK Banks Waking Up from Their Self-Delusion to the Reality of the Credit Crunch.” Sunday Herald, April 27, sec. BUSINESS.
Gallagher, Rosemary 2008. “HBOS Merger Reaches Point of No Return.” Scotland on Sunday, October 19.
Gazette (Montreal) 2008. “Dresdner Rescues $19-Billion SIV, Standard Chartered Bails,” February 22, sec. BUSINESS.
Global Banking News 2008. “UK Government, Barclays Fixes Recapitalisation Deals,” November 19, 2008.
Globe and Mail (Canada) 2008. “Bayern Gets $47-Billion Lifeline; to Cut 5,600 Jobs,” December 2, sec. REPORT ON BUSINESS: INTERNATIONAL; BUSINESS TICKER: INTERNATIONAL: EUROPE: FINANCIAL SERVICES.
Goodhart, C. A. E. 2009. The Regulatory Response to the Financial Crisis. Northampton, MA: Edward Elgar Pub.
Goodway, Nick 2008a. “Barclays Rounds Up £ 7.3bn of New Funds.” The Evening Standard (London), October 31.
Goodway, Nick 2008b. “RBS Warns of Job Cuts in Spite of Its Bailout.” The Evening Standard (London), November 4.
Goodway, Nick 2008c. “UK Banking Has Avoided Worst of Subprime Crisis.” The Evening Standard (London), February 29, sec. A.
Gormley, William T. 1979. “A Test of the Revolving Door Hypothesis at the FCC,” American Journal of Political Science 23(4): 665683.
Gorton, Gary 1988. “Banking Panics and Business Cycles,” Oxford Economic Papers 40(4): 751781.
Gould, Jonathan 2007. “Subprime Woes to Cost Germany’s IKB $1-Billion.” The Globe and Mail (Canada), September 4, sec. REPORT ON BUSINESS: INTERNATIONAL; FINANCIAL SERVICES.
Gourevitch, Peter Alexis and Shinn, James 2005. Political Power and Corporate Control: The New Global Politics of Corporate Governance. Princeton: Princeton University Press.
Governing Council of the European Central Bank 2008. Recommendations of the Governing Council of the European Central Bank on Government Guarantees for Bank Debt. Brussels: European Central Bank.
Granlund, Peik 2004. ‘Do Bank Exit Regimes Affect Banking Conditions?’ in Mayes, David G. (ed.). Who Pays for Bank Insolvency? Houndmills, Basingstoke, and Hampshire: Palgrave Macmillan.
Griffiths, Katherine 2009. “‘We Came Close to Not Being Able to Get Money from Bank Machines’; Exactly a Year Ago, Britain’s Banking System Died and Had to be Shocked Back to Life. Katherine Griffiths Relives the Hour-by-Hour Drama.” The Times (London), October 10, sec. BUSINESS.
Griffiths, Katherine and Aldrick, Philip 2008. “Long Line of Suitors But None Was Right for Rock.” The Daily Telegraph (London), February 18, sec. CITY.
Grind, Kirsten 2012. The Lost Bank: The Story of Washington Mutual – The Biggest Bank Failure in American History. New York: Simon & Schuster.
Group, Julia Werdigier 2008. “Barclays to Get Cash Infusion from Qatar and Abu Dhabi.” The International Herald Tribune, November 1, sec. FINANCE.
Guardian Unlimited 2008. “HBOS Rights Issue Flops,” July 21.
Gup, Benton E. 2010. “Financial Crises and Government Responses: Lessons Learned,” in Wright (ed.), p. 48.
Hackethal, Andreas and Schmidt, Reinhard H. 2005. “Structural Change in the German Banking System?” Working Paper Series: Finance & Accounting, Johann Wolfgang Goethe-Universität Frankfurt Am Main, no. 147.
Haggard, Stephan 2000a. “The Politics of the Asian Financial Crisis,” Journal of Democracy 11(2): 130144.
Haggard, Stephan 2000b. The Political Economy of the Asian Financial Crisis. Washington, DC: Peterson Institute.
Hall, Peter A. and Soskice, David W. (eds.) 2001. Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. New York: Oxford University Press.
Handke, Stefan and Zimmermann, Hubert 2012. “Institutional Change in German Financial Regulation,” in Mayntz (ed.), p. 119.
Hardie, Iain and Howarth, David 2009. “Die Krise but Not La Crise? The Financial Crisis and the Transformation of German and French Banking Systems,” Journal of Common Market Studies 47(5): 1017.
Hardie, Iain and Howarth, David (eds.) 2013. Market-Based Banking and the International Financial Crisis. Oxford, UK: Oxford University Press.
Hardie, Iain, Howarth, David, Maxfield, Sylvia, and Verdun, Amy 2011. ‘Zysman Thirty Years On. The Political Economy of Finance Revisited.’ Unpublished manuscript. Victoria: University of Victoria.
Hardie, Iain, Howarth, David, Maxfield, Sylvia, and Verdun, Amy 2013. “Banks and the False Dichotomy in the Comparative Political Economy of Finance,” World Politics 65(4): 691728.
Hattenstone, Simon 2009. “Saturday: Sorry Is the Hardest Word: £ 500bn of Taxpayers’ Money Has Been Spent Bailing Out the Banks – Including RBS, Which This Week Announced Record Losses. Simon Hattenstone Asks Fred Goodwin if He’ll be the First Banker to Apologise.” The Guardian (London) – Final Edition, January 24, sec. GUARDIAN SATURDAY COMMENT PAGES.
Hay, George 2008. “The Devil You Know.” Breakingviews, November 10.
Heath, Allister, Dunne, Helen, and Burroughes, Tom 2007. “Between a Rock and a Hard Place; as the Credit Crunch Comes to a Head, the World’s Leading Financial Institutions Are Beginning to Count the Cost, Say Allister Heath, Helen Dunne and Tom Burroughes.” The Business, September 15.
Helleiner, Eric, Pagliari, Stefano, and Zimmermann, Hubert (eds.) 2010. Global Finance in Crisis: The Politics of International Regulatory Change. New York: Routledge.
HM Treasury 2006. Memorandum of Understanding between HM Treasury, the Bank of England and the Financial Services Authority. London: HM Treasury.
Honohan, Patrick and Laeven, Luc (eds.) 2005. Systemic Financial Crises: Containment and Resolution. Cambridge and New York: Cambridge University Press.
Hopkins, Kathryn and Treanor, Jill 2009. “Financial: King Reveals Secret HBOS and RBS Bailout: Bank of England Boss Tells of £62bn Emergency Loans: Revelation Prompts City Confusion and Shocks MPs.” The Guardian (London) – Final Edition, November 25, sec. GUARDIAN FINANCIAL PAGES.
Höpner, Martin 2005. “What Connects Industrial Relations and Corporate Governance? Explaining Institutional Complementarity,” Socio-Economic Review 3(2): 331358.
Höpner, Martin, and Krempel, Lothar 2004. “The politics of the German company network.” Competition and Change 8(4): 339356.
Hosking, Patrick and Costello, Miles 2008. “Bradford & Bingley Arrears Levels and Repossessions Soar.” The Times (London), August 30, sec. BUSINESS.
Hosking, Patrick and Seib, Christine 2008. “FSA Put Pressure on Top Five Banks to Support Bradford & Bingley Rights Issue.” The Times (London), June 10, sec. BUSINESS.
Hosking, Patrick, Seib, Christine, and Kennedy, Siobhan 2008. “RBS Will be ‘First of Many’ UK Banks to Raise Funds from its Shareholders.” The Times (London), April 22, sec. BUSINESS.
Hutton, Will 2007. “Comment: Any More Mistakes and We Follow the US into Crisis: Our Politicians’ Blind Trust in Market Forces Increases the Possibility of a Recession. We Could See the Values of Our Homes Slashed.” The Observer (England), November 25, sec. OBSERVER COMMENT PAGES.
Inman, Phillip 2007. “City Fears Second Bank Is Heading for Credit Crisis: Northern Rock Points to Other Rescue Fund User: Barclays Shares Hit by Financial Stability Fears.” The Guardian (London) – Final Edition, November 3, sec. GUARDIAN HOME PAGES.
Investors Chronicle 2007. “FTSE’s Fall Accelerates,” September 14.
Irish Times 2007. “IKB Repeats Losses Could Hit EUR 700m,” September 29, sec. FINANCE; OTHER STORIES.
Irish Times 2009. “Germany Moves to Nationalise Hypo Bank,” March 21, sec. FINANCE; BUSINESS NEWS.
Irish Times 2010. “German Guarantees for Hypo Increased,” May 29, sec. FINANCE; BUSINESS TODAY.
Iversen, Torben 2005. Capitalism, Democracy, and Welfare. New York: Cambridge University Press.
Jabko, Nicolas and Massoc, Elsa 2012. “French capitalism under stress: How Nicolas Sarkozy rescued the banks,” Review of International Political Economy 19 (4): 562585.
Jagger, Suzy and Webster, Philip 2009. “Lloyds Banking Group Is Set for an Early Repayment of £2.3bn.” The Times (London), June 8, sec. BUSINESS.
Jamieson, Bill and McIntosh, Lindsay 2008. “Still Time to Save ‘the Bank.’” The Scotsman, October 15.
Johal, Sukhdev, Moran, Michael, and Williams, Karel 2012. “Post-Crisis Financial Regulation in Britain,” in Mayntz (ed.), p. 67.
Johal, Sukhdev, Moran, Michael, and Williams, Karel 2014. “Power, Politics and the City of London after the Great Financial Crisis,” Government and Opposition 49(3): 400425.
Johnson, Simon and Kwak, James 2010. 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. New York: Pantheon Books.
Jolly, David 2008. “Commerzbank to Acquire Allianz’s Banking Arm for $14 Billion.” The New York Times, September 1, sec. C; BUSINESS/FINANCIAL DESK.
Kaletsky, Anatole 2007. “Another Black Wednesday Was a Whisker Away.” The Times (London), September 20, sec. FEATURES.
Kalinowski, Thomas 2011. “Regulating International Finance and the Evolving Imbalance of Capitalisms since the 1970s: 11/10,” Max-Planck-Institut Für Gesellschaftsforschung Discussion Papers. Cologne: Max Plank Institute.
Kaminsky, Graciela L. and Pereira, Alfredo 1996. “The Debt Crisis: Lessons of the 1980s for the 1990s,” Journal of Development Economics 50(1):124.
Katzenstein, Peter J. 1978. Between Power and Plenty: Foreign Economic Policies of Advanced Industrial States. Madison: University of Wisconsin Press.
Keefer, Philip 2002. “DPI2000 Database of Political Institutions: Changes and Variable Definitions,” The World Bank’s Development Research Group.
Keefer, Philip and Stasavage, David 2003. “The Limits of Delegation: Veto Players, Central Bank Independence, and the Credibility of Monetary Policy,” The American Political Science Review 97(3): 407423.
Kelly, Kate 2009. Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street. New York: Portfolio.
Kindleberger, Charles Poor and Aliber, Robert Z. 2011. Manias, Panics and Crashes: A History of Financial Crises. Basingstoke: Palgrave Macmillan.
Krugman, Paul 2008. “Gordon Does Good.” The New York Times, October 13, sec. A; EDITORIAL DESK; OP-ED COLUMNIST.
Krugman, Paul 2009. “Bailouts for Bunglers: Op-ed.” New York Times.
Laeven, Luc and Valencia, Fabian 2012. Systemic Banking Crises Database: An Update. Washington, DC: International Monetary Fund.
Landler, Mark and Bennhold, Katrin 2008. “Bold Pledges from World Leaders, But Investors Await the Details.” The New York Times, October 13, sec. A; BUSINESS/FINANCIAL DESK.
Langley, Paul 2005. “The Everyday Life of Global Finance: A Neglected ‘Level’ of Governance,” in Baker, Hudson, and Woodward (eds.), p. 85.
Levitin, Michael 2008. “Commerzbank Gets €8.2bn in State Cash.” The Daily Telegraph (London), November 4, sec. CITY.
Lichfield, John and Paterson, Tony 2008. “From Iceland to Greece, Europe Marches Out of Step; Leaders Attempt to Show Unity as Market Crisis Raises Threat of New Political Rifts.” The Independent (London), October 7, sec. NEWS.
Linklater, Magnus 2008. “Crunch Has Put Paid to Scottish Independence.” The Times (London), October 15, sec. FEATURES; SCOTLAND.
Livesey, Ben and Menon, Jon 2007. “British Lender’s Shares Plummet; Seven-Year Low. Hundreds Withdraw Savings Despite Assurances.” The Gazette (Montreal), September 18, sec. BUSINESS.
Loriaux, Michael Maurice 1997. “The End of Credit Activism in Interventionist States,” in Loriaux, Woo-Cumings, Calder, Maxfield, and Pérez (eds.).
Lowenstein, Roger 2000. When Genius Failed: The Rise and Fall of Long-Term Capital Management. New York: Random House.
Lowenstein, Roger 2010. The End of Wall Street. New York: Penguin Press.
Lütz, Susanne 2004. “Convergence within National Diversity: The Regulatory State in Finance,” Journal of Public Policy 24(2): 169197.
Lütz, Susanne 2005. “The Finance Sector in Transition: A Motor for Economic Reform?,” German Politics 14(2): 140156.
Lukes, Steven 1974. Power: A Radical View. Vol. 1. London: Macmillan.
Lydall, Ross and Jamieson, Bill 2008. “One Rule for Lloyds, One for Everyone Else, Signals Darling.” The Scotsman, November 19.
Lynch, Russell 2008. “B&B Bank Is Nationalised to Ease Crisis; Government Pledge as It Takes over £41bn in Mortgages a Camera Crew Outside a Bradford & Bingley Branch Yesterday.” Belfast Telegraph, September 29.
Lynch, Russell 2009. “Taxpayers’ Pounds 25bn to Rescue RBS.” Daily Record, February 27, sec. NEWS.
Lynch, Russell and Christie, Lucy 2008. “HBOS ‘Could be Nationalised’ if Takeover Bid Fails.” Press Association Mediapoint, November 15.
Lyons, William 2007. “Branson Poised to Up Bid as Rock Mulls Arnold Plan.” Scotland on Sunday, December 9.
Macdonell, Hamish 2008. “Darling Rejects Salmond’s Claim Bank Could Have Been Saved.” The Scotsman, September 22.
Macdonell, Hamish and MacMahon, Peter 2008. “Lloyds–HBOS Merger Still Not a Done Deal, Says Top Banker.” The Scotsman, September 22.
MacNamara, Kelly and Lynch, Russell 2009. “Bailout by Bank of England Revealed.” Belfast Telegraph, November 25.
Maddox, David 2008. “Independent HBOS Fight ‘Gaining Pace.’” The Scotsman, November 17.
March, James G. and Olsen, Johan P. Democratic Governance. New York: Free Press.
Market News International 2008. “Update 4: BOE King: Lloyds–HBOS Merger Cannot Be Undone,” November 3.
Martin, Cathie Jo 2005. “Beyond Bone Structure: Historical Institutionalism and the Style of Economic Growth,” in Coates (ed.), p. 47.
Martin, Cathie Jo 2006. “Sectional Parties, Divided Business,” Studies in American Political Development 20(2): 160184.
Mason, Joseph R. 2010. “The Evolution of the Reconstruction Finance Corporation as a Lender of Last Resort in the Great Depression,” in Wright (ed.), p. 70.
Mason, Rowena 2009. “New German Law Paves Way for State Ownership of Banks.” The Daily Telegraph (London), February 19, sec. CITY.
Massie, Allan 2008. “The Bail-Out That Crushes SNP’s Dream.” Daily Mail (London), October 15.
Mayntz, Renate (ed.) 2012a. Crisis and Control: Institutional Change in Financial Market Regulation. Frankfurt: Campus Verlag, Vol. Bd. 75.
Mayntz, Renate 2012b. “Institutional Change in the Regulation of Financial Markets: Questions and Answers,” in Mayntz (ed.).
McArdle, Helen 2011. “Brown: Financial Crisis of 2008 Was Just the Beginning.” The Herald (Glasgow), May 17, sec. HS-NEWS.
McCarty, Nolan, Poole, Keith T., and Rosenthal, Howard. 2013 Political Bubbles: Financial Crises and the Failure of American Democracy. Princeton: Princeton University Press.
McConnell, Ian 2007. “No Bailout for Lenders – King; Bank of England Governor Raises Hopes That Interest Rates Have Peaked – for Now.” The Herald (Glasgow), September 13, sec. BUSINESS.
McConnell, Ian 2008. “Government Stake in Royal Confirmed at 57.9 Per Cent; Bank’s Investors Reject Capital-Raising.” The Herald (Glasgow), November 29, sec. BUSINESS.
McCusker, Peter 2008. “Barclays in No Bonuses’ Move to Pacify Investors.” The Journal (Newcastle, UK), November 19.
McDonough, Tony 2007. “Northern Rock Had to Be Bailed Out, Says Darling; Market Watch Comment.” Daily Post (Liverpool), November 28, sec. BUSINESS.
McDonough, Tony 2008. “No End in Prospect for the Northern Rock Nightmare; Tony McDonough Reviews the Collapse of Northern Rock, and Asks What the Future Holds in Association with Rensburg Sheppards.” Daily Post (Liverpool), January 2, sec. BUSINESS.
McIntosh, Lindsay 2008a. “Cracks Begin to Show in HBOS Buy-Out.” The Scotsman, October 1.
McIntosh, Lindsay 2008b. “RBS Shares Plummet as Partner Bank Is Nationalised.” The Scotsman, September 30.
McRae, Hamish 2007. “When It Comes to Finance, Nationalised Companies Seem to be Doing the Best.” The Independent (London), November 28, sec. COMMENT.
Menz, Georg 2005 Varieties of Capitalism and Europeanization: National Response Strategies to the Single European Market. Oxford: Oxford University Press.
Minsky, Hyman P. 1982. Can ‘It’ Happen Again? Essays on Instability and Finance. Armonk, NY: M.E. Sharpe.
Mitchell, Christopher W. 2016. “The Structure of Financial Markets and the Form of State Bailouts, 1974–2009.” Business and Politics 18 (2): 97122.
Moir, Jane 2008. “Shareholders Won’t Give Barclays Easy Ride; But They’re Expected to Vote for the Bank’s Fund-Raising.” The Business Times Singapore, November 20.
Moran, Michael and Payne, Anthony 2014. “Introduction: Neglecting, Rediscovering and Thinking Again about Power in Finance,” Government and Opposition 49(3): 331341.
Morris, Nigel 2008. “Branson Rebuffed as Darling Nationalises Northern Rock.” The Independent (London), February 18, sec. NEWS.
Neligan, Miles 2007. “Rock Proves Hard Place for PM.” Birmingham Post, December 19, sec. BUSINESS.
Northedge, Richard 2008. “Barclays Goes East to Raise Funds But Leaves Its Existing Shareholders Fuming.” The Independent on Sunday, November 9.
Observer 2010. “The Weekend Brown Saved the Banks from the Abyss: The ‘Long Weekend’ when Britain Went to the Brink: The Prime Minister’s Leadership Qualities Were to the Fore on the Weekend in October 2008 when Financial Calamity Was So Close.” The Observer (England), February 21, sec. OBSERVER IN FOCUS PAGES.
Olson, Mancur 1982. The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities. New Haven: Yale University Press.
Pagano, Marco and Volpin, Paolo F. 2005. “The Political Economy of Corporate Governance,” The American Economic Review 95(4): 1005.
Pagano, Margareta 2008. “New Beowulf Takes a Swipe at the City’s Over-paid Dragons.” The Independent – Business & Money, May 4, sec. BUSINESS.
Panitch, Leo and Gindin, Sam 2005. “Euro-Capitalism and American Empire,” in Coates (ed.), p. 139.
Paulson, Henry M. 2010. On the Brink: Inside the Race to Stop the Collapse of the Global Financial System. New York: Business Plus.
Pearlstein, Steven 2015. “Court Tells Government It Was Wrong to Seize AIG, But Awards No Money to Billionaire Ex-CEO.” Washington Post, June 15.
Peev, Gerri 2009. “Scottish Banks’ Secret GBP 62bn Bailout.” The Scotsman, November 25.
Perotti, Enrico C. and von Thadden, Ernst-Ludwig 2006. “The Political Economy of Corporate Control and Labor Rents,” The Journal of Political Economy 114(1): 145174.
Piattoni, Simona 2009. “Multi-Level Governance: A Historical and Conceptual Analysis,” Journal of European Integration 31(2): 163180.
Polanyi, Karl 1944. The Great Transformation. New York and Toronto: Farrar & Rinehart, Inc.
Polillo, Simone and Guillén, Mauro F. 2005. “Globalization Pressures and the State: The Worldwide Spread of Central Bank Independence,” The American Journal of Sociology 110(6): 17641802.
Porter, Andrew, Randall, Jeff, Winnett, Robert, and Kirkup, James 2008. “Day of Reckoning; Darling’s Pounds 50bn Bank Bail-Out No Guarantee for Savers RBS Chiefs Forced to Quit.” The Daily Telegraph (London), October 8, sec. NEWS.
Pratley, Nils 2007. “Financial: Viewpoint: By Rights Rock Should Come Clean.” The Guardian (London) – Final Edition, November 21, sec. GUARDIAN FINANCIAL PAGES.
Pratley, Nils 2008. “Financial: Viewpoint: King’s Saved the Banks But Will He Save Homebuyers?” The Guardian (London) – Final Edition, April 22, sec. GUARDIAN FINANCIAL PAGES.
Prynn, Jonathan 2008. “(1) Brown Orders Merger Bid to Save Hailfax (2) It’s an Amazing Deal for Lloyds TSB; Lloyds TSB in Talks to Create a Super-Bank.” The Evening Standard (London), September 17.
Radelet, Steven and Sachs, Jeffrey D. 1998. “The East Asian Financial Crisis: Diagnosis, Remedies, Prospects,” Brookings Papers on Economic Activity 1998(1): 190.
Rayner, Gordon 2008. “The Pounds 37bn Deal with So Much Riding on It; Gordon Rayner Examines the Agreement and Its Implications for the Public, Government and Financial World.” The Daily Telegraph (London), October 14, sec. NEWS; THE DEAL.
Rees, William 2009. “Brown Cannot Shirk the Blame for Lloyds; the Prime Minister and the Two Top Men Have Ruined a Good Bank by a Failure of Due Diligence.” The Times (London), March 9, sec. FEATURES.
Reid, Margaret I. 1982. The Secondary Banking Crisis, 1973–75: Its Causes and Course. London: Macmillan.
Reinhart, Carmen M. and Rogoff, Kenneth S. 2009. This Time Is Different: Eight Centuries of Financial Folly. Princeton: Princeton University Press.
Remmer, Karen L. 1990. “Democracy and Economic Crisis: The Latin American Experience,” World Politics 42(3): 315335.
Remmer, Karen L. 1991. “The Political Impact of Economic Crisis in Latin America in the 1980s,” The American Political Science Review 85(3): 777800.
Risk, Hamish 2010. “Capital Markets: Merkel Flexes Her Muscles.” Euromoney, October.
Roe, Mark J. 2003. Political Determinants of Corporate Governance: Political Context, Corporate Impact. Oxford: Oxford University Press.
Rosa, Jean-Jacques and Pérard, Edouard 2010. “When to Privatize? When to Nationalize? A Competition for Ownership Approach,” Kyklos 63(1): 110132.
Rosas, Guillermo 2006. “Bagehot or Bailout? An Analysis of Government Responses to Banking Crises,” American Journal of Political Science 50(1): 175191.
Rosas, Guillermo 2009. Curbing Bailouts: Bank Crises and Democratic Accountability in Comparative Perspective. Ann Arbor: University of Michigan Press.
Rosas, Guillermo and Jensen, Nathan M. 2010. “After the Storm: The Long-Run Impact of Bank Bailouts,” in Wright (ed.), p. 108.
Roth, Michael 1994, “‘Too-Big-to-Fail’ and the Stability of the Banking System: Some Insights from Foreign Countries,” Business Economics 29: 4343.
Royo, Sebastián 2013. “How Did the Spanish Financial System Survive the First Stage of the Global Crisis?Governance 26(4): 631656.
Russell, Jonathan, Griffiths, Katherine, and Aldrick, Philip 2008. “Fury as ‘Thieving’ Chancellor Nationalises Northern Rock.” The Daily Telegraph (London), February 18, sec. CITY.
Satyanath, Shanker 2006. Globalization, Politics, and Financial Turmoil: Asia’s Banking Crisis. New York: Cambridge University Press.
Scally, Derek 2008. “Banks to Pay Dearly for German Bailout.” The Irish Times, October 14, sec. FINANCE; GLOBAL BANKING CRISIS.
Scally, Derek 2009a. “German ‘Bad Bank’ Sees the First Step in Revolution.” The Irish Times, May 16, sec. FINANCE; BUSINESS NEWS.
Scally, Derek 2009b. “German Move to Establish ‘Bad Bank.’” The Irish Times, April 22, sec. FINANCE; BUSINESS NEWS.
Scally, Derek 2009c. “German MPs Grapple with Dublin Bank’s Financial Woes.” The Irish Times, August 7, sec. FINANCE; BUSINESS AGENDA.
Scally, Derek 2009d. “German Property Lender HRE Agrees Nationalisation Amid Angry Scenes.” The Irish Times, October 6, sec. FINANCE; BUSINESS TODAY.
Scally, Derek 2009e. “Hypo Shareholders to Consider EUR 321m State Takeover.” The Irish Times, April 18, sec. FINANCE; BUSINESS NEWS.
Scally, Derek 2009f. “Shares in Hypo Jump 70% as Merkel Approves Draft Expropriation Bill.” The Irish Times, February 19, sec. FINANCE; BUSINESS TODAY.
Scally, Derek 2009g. “Top Banker Said Depfa Crisis Nearly Collapsed System.” The Irish Times, July 8, sec. FINANCE; BUSINESS NEWS.
Scally, Derek 2010. “German Banks Agree to Radical Overhaul.” The Irish Times, September 29, sec. FINANCE; BUSINESS TODAY.
Scherer, Ron 2007. “US Debt Jolts World Markets.” Christian Science Monitor, August 17.
Schneider, Martin and Tornell, Aaron 2004. “Balance Sheet Effects, Bailout Guarantees and Financial Crises,” The Review of Economic Studies 71(3): 883913.
Scotsman 2008. “What HBOS–Lloyds Deal Means to Scotland,” September 19.
Seager, Ashley, Elliott, Larry, and Treanor, Jill 2008. “Financial: Banking Crisis: Bank Governor Insists Bail-Out Will Not be a Bottomless Pit: Credit Line Expected to be Tapped for £50bn: Sub-Prime Securities Will Not Be Accepted.” The Guardian (London) – Final Edition, April 22, sec. GUARDIAN FINANCIAL PAGES.
Seib, Christine 2007. “Banks Seek Secret Loans after Rock Ruin.” The Times (London), October 3, sec. BUSINESS.
Seib, Christine and Andrews, Amanda 2008. “‘Our Shares Are Worthless’ Say the Rock’s Furious Investors.” The Times (London), February 18, sec. BUSINESS.
Settle, Michael 2008a. “Banking on a New Era; Giants ‘Nationalised’ in Taxpayers’ GBP37bn Bailout; Bonus Culture Hit as Bosses Go without Payoffs; Shares Up 8 Per Cent as City Reacts to Momentous Day.” The Herald (Glasgow), October 14, sec. NEWS.
Settle, Michael 2008b. “No Golden Goodbyes as Chiefs’ Heads Roll in Bank Rescue Plan; Michael Settle Examines Exactly What the Bailout Will Mean for the Struggling Organisations Involved.” The Herald (Glasgow), October 14, sec. NEWS.
Sharp, Tim 2009. “Lloyds Secures 87 Per Cent Take-Up in Rights Issue to Raise GBP4bn; Boost from First Bank to Repay Government.” The Herald (Glasgow), June 9, sec. BUSINESS.
Shonfield, Andrew 1965. Modern Capitalism: The Changing Balance of Public and Private Power. New York: Oxford University Press.
Slater, Steve and Marques, Clara Ferreira 2008. “Olivant Quits Northern Rock Rescue Race.” National Post’s Financial Post & FP Investing (Canada), February 5, sec. FINANCIAL POST.
Smith, David 2007. “Hammer Blow for the Boom.” The Sunday Times (London), September 16, sec. FEATURES; NEWS.
Smyth, Jamie 2008. “German Finance Minister Dismisses Proposed Pan-European Rescue Fund.” The Irish Times, October 3, sec. FINANCE; GLOBAL FINANCIAL CRISIS.
Sonderfonds Finanzmarktstabilisierung 2011. “Massnahmen Aktuell,” Deutsche Bundesbank, http://www.soffin.de/de/soffin/leistungen/massnahmen-aktuell/index.html, accessed April 30, 2011.
Sorkin, Andrew Ross 2009. Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis – and Themselves. New York: Viking.
Sorkin, Andrew Ross 2011. Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System – and Themselves. New York: Penguin Group.
Stewart, Heather 2008. “Business & Media: Business: Inside Story: A High Price to Save the Banks: For a Long Time, Bank Governor Mervyn King Tried to Hold the Line on ‘Moral Hazard’ But, as the Credit Crisis Deepens, He Has Had to Admit Defeat – and Take on Unwanted Assets to Get the Market Moving.” The Observer (England), April 20, sec. OBSERVER BUSINESS PAGES.
Stewart, Heather and Connon, Heather 2007. “Fears Grow for British Economy as Panic over Northern Rock Spreads: Experts Warn That a Decade-Long Borrowing Binge Has Left Britain Dangerously Exposed to the Fallout from the Global Liquidity Crisis.” The Observer (England), September 16, sec. OBSERVER BUSINESS PAGES.
Stiglitz, Joseph E. 2010. Freefall: America, Free Markets, and the Sinking of the World Economy. New York: W.W. Norton & Co.
Streeck, Wolfgang 2010. “E Pluribus Unum? Varieties and Commonalities of Capitalism: 10/12,” Max-Planck-Institut Für Gesellschaftsforschung Discussion Papers. Cologne: Max Plank Institute.
Sunday Telegraph (London) 2008. “State Ownership of Banks Should be Strictly Temporary,” October 12, sec. FEATURES; LEADING ARTICLE.
Sunday Times (London) 2008. “Europe’s Banks Face More Pain, Too,” September 14, sec. BUSINESS; BUSINESS.
Swagel, Phillip 2009. “The Financial Crisis: An Inside View,” Brookings Papers on Economic Activity 2009(1): 163.
Tabb, William K. 1998. “The East Asian Financial Crisis,” Monthly Review 50 (2): 2438.
Telegraph, 2012. “Former RBS Chief Executive Fred Goodwin Stripped of His Knighthood; Fred Goodwin, the Disgraced Former Royal Bank of Scotland Chief Executive, Has Been Stripped of His Knighthood,” February 1.
Teteryatnikova, Mariya 2009. “Resilience of the Interbank Network to Shocks and Optimal Bail-Out Strategy: Advantages of ‘Tiered’ Banking Systems,” Working Paper. Italy: European University Institute.
Thomas, Nathalie and Gallagher, Rosemary 2009. “The Lehman’s Legacy: Has Banking’s Dragon Finally been Tamed?” Scotland on Sunday, September 13.
Thompson, Sarah 2007. “Banks and Insurers Pace Market Retreat.” The International Herald Tribune, November 27, sec. FINANCE.
Tift, Duncan 2008. “False HBOS Rumour Puts Markets into a Tailspin.” Birmingham Post, March 20, sec. BUSINESS.
Tift, Duncan and Cranage, John 2008. “Darling Was Right to Act on Rock, Say Top Bosses.” Birmingham Post, February 19, sec. BUSINESS.
Tinning, William 2008. “Pressure on Darling as Germany Guarantees All Savings.” The Herald (Glasgow), October 6, sec. NEWS.
Total Securitization 2009. “German Lender Center of Bailout Battle,” November 20.
Treanor, Jill 2008. “Front: HBOS Rescue in Jeopardy: Plunge in Embattled Lender’s Shares Leaves Lloyds Paying Billions Too Much.” The Guardian (London) – Final Edition, October 1, sec. GUARDIAN HOME PAGES.
Treanor, Jill 2009a. “Financial: Sheikh Exits Barclays with £ 1.4bn Profit: Share Sale Undermines Bank’s Non-State Bailout: Taxpayer Sitting on £5bn Loss in RBS and Lloyds.” The Guardian (London) – Final Edition, June 3, sec. GUARDIAN FINANCIAL PAGES.
Treanor, Jill 2009b. “National: Banking Crisis: Taxpayer May End Up with 95% of RBS after Record Loss Revealed: Chancellor Admits Risks Being Taken as Bank Chief Says 20,000 Jobs under Threat.” The Guardian (London) – Final Edition, February 27, sec. GUARDIAN HOME PAGES.
Treanor, Jill and Elliott, Larry 2008. “Banking Crisis: War Games, Champagne and Frantic Efforts to Save HBOS: PM and Bank of England Intervene to Head Off Another Banking Debacle.” The Guardian (London) – Final Edition, September 18, sec. GUARDIAN HOME PAGES.
Treanor, Jill, Gow, David, Traynor, Ian, and Watt, Nicholas 2008. “Front: Brown Bail-Out under Threat as Bank Seeks Better Deal: Shares Plunge as Recession Bites: Highest Jobless Rise in 17 Years: Lloyds Wants Easier Repayment: PM Calls for New Economic Rules.” The Guardian (London) – Final Edition, October 16, sec. GUARDIAN HOME PAGES.
Tsingou, Eleni 2010. “Regulatory Reactions to the Global Credit Crisis: Analysing a Policy Community under Stress,” in Helleiner, Pagliari, and Zimmermann (eds.), p. 21.
Tyler, Richard 2008. “Brown Is Urged to Guarantee Deposits; Banking Crisis the Contagion Spreads; Pressure on Prime Minister Grows as Germany Bails Out Bank.” The Daily Telegraph (London), October 6, sec. CITY.
Underhill, Geoffrey R. D. and Blom, Jasper 2012. “The International Financial Architecture: Plus Ça Change…?” in Mayntz (ed.).
US Congress House Committee on Financial Services 2011. The Final Report of the Financial Crisis Inquiry Commission: Hearing before the Committee on Financial Services, U.S. House of Representatives, One Hundred Twelfth Congress, First Session, February 16, 2011. Washington: US Government Publishing Office.
US Department of the Treasury 2013. Troubled Asset Relief Program (TARP) Monthly Report to Congress – December 2012. Washington, DC: United States Department of the Treasury.
Verdier, Daniel 2002. Moving Money: Banking and Finance in the Industrialized World. Cambridge, UK: Cambridge University Press.
Walker, Bruce 2009. “Fred Sued for Pounds 9bn; Furious Rbs Investors Vow Court Action.” Sunday Mail, October 11, sec. NEWS.
Walker, Marcus 2009. “Germany Weighs Hypo Seizure.” Wall Street Journal Abstracts, January 28.
Walker, Marcus, Munoz, Sara Schaefer, and Gauthier-Villars, David 2008. “Bailout Price Tags Raise the Question: How? As World Markets Rise, Economists Fret over Cost to Taxpayers and Governments.” The Globe and Mail (Canada), October 14, sec. REPORT ON BUSINESS: INTERNATIONAL; GLOBAL FINANCIAL CRISIS: EUROPEAN PLANS.
Waples, John 2008. “The Six Days That Almost Broke the Bank.” The Sunday Times (London), June 8, sec. BUSINESS.
Warner, Jeremy 2008a. “Bear Fire Sale Marks Start of Capitulation.” The Independent (London), March 18, sec. BUSINESS.
Warner, Jeremy 2008b. “With HBOS under Renewed Attack, Forced Takeover May be the Solution.” The Independent (London), September 17, sec. BUSINESS.
Watkins, Simon, Buckingham, Lisa, and Atkinson, Dan 2007. “Subprime Panic on the High St; Special Report after the Northern Rock Debacle, Barclays Could Now be Facing Meltdown as Shares Crash 9% in One Day.” Mail on Sunday (London), November 11, sec. C1.
Weaver, R. Kent and Rockman, Bert A. 1993. “Assessing the Effects of Institutions,” in Rockman, Bert A. and Weaver, R. Kent (eds.) Do Institutions Matter? Government Capabilities in the United States and Abroad. Washington, DC: The Brookings Institution.
Weber, Beat and Schmitz, Stefan W. 2011. “Varieties of Helping Capitalism: Politico-economic Determinants of Bank Rescue Packages in the EU during the Recent Crisis,” Socio-Economic Review 9(4): 638669.
Weber, Max and Kalberg, Stephen 1930[2001]. The Protestant Ethic and the Spirit of Capitalism. London: Fitzroy Dearborn.
Wessel, David 2010. In Fed We Trust: Ben Bernanke’s War on the Great Panic. New York: Three Rivers Press.
West, Karl 2008. “BoE Move Boosts Finance Shares.” Daily Mail (London), October 4.
Whitfield, Paul 2009. “Germany Launches Hypo Takeover.” Daily Deal/The Deal, April 20.
Wighton, David 2012. “‘Your Guy Mervyn Has a High Pain Threshold’; Northern Rock Was Heading for Collapse, But as Britain’s Economy Was Struck by Panic, There Was Only Inertia at the Bank. David Wighton Reports.” The Times (London), March 13, sec. NEWS.
Wilson, Peter 2007. “UK Laws Tied My Hands, Says Embattled Bank of England Governor.” The Australian, September 21, sec. FINANCE.
Winnett, Robert 2008. “Business; Bank Is Blown Away.” The Daily Telegraph (London), September 18, sec. NEWS.
Wolf, Martin 2010. Fixing Global Finance. Baltimore: Johns Hopkins University Press.
Wolf, Martin 2014. The Shifts and the Shocks: What We’ve Learned – and Have Still to Learn – from the Financial Crisis. London and New York: Allen Lane.
Woll, Cornelia 2014. The Power of Inaction: Bank Bailouts in Comparison. Ithaca, NY: Cornell University Press.
Woo, Wing Thye, Sachs, Jeffrey, and Schwab, Klaus 2000. The Asian Financial Crisis: Lessons for a Resilient Asia. Cambridge, MA: MIT Press.
Wookey, Jethro 2008. “Pfandbrief: The Sincerest Form of Flattery.” Euromoney, November.
World Bank 2012b. “World Development Indicators,” http://data.worldbank.org/data-catalog/world-development-indicators, accessed July 23, 2012.
Wright, Robert E. (ed.) 2010a. Bailouts: Public Money, Private Profit. New York: Columbia University Press.
Wright, Robert E. 2010b. “Hybrid Failures and Bailouts: Social Costs, Private Profits,” in Wright (ed.), p. 18.
Yeyati, Eduardo Levy, Micco, Alejandro, Panizza, Ugo, Detragiache, Enrica, and Repetto, Andrea 2007. “A Reappraisal of State-Owned Banks [with Comments],” Economía 7(2): 209259.
Young, Alf 2008. “Warning: Light-Fingered Opportunists Are Operating in this B & B Alf Young on Tuesday.” The Herald (Glasgow), June 3, sec. BUSINESS.
Zimmermann, Hubert 2010. “Varieties of Global Financial Governance? British and German Approaches to Financial Market Regulation,” in Helleiner, Pagliari, and Zimmermann (eds.), p. 121.
Zysman, John 1983. Governments, Markets, and Growth: Financial Systems and the Politics of Industrial Change. Ithaca, NY: Cornell University Press.

Metrics

Altmetric attention score

Full text views

Total number of HTML views: 0
Total number of PDF views: 0 *
Loading metrics...

Book summary page views

Total views: 0 *
Loading metrics...