[...]In this paper, we first provide background information onprogram expenditures and a brief review of the literature. Next,we describe the housing provided under each program and ourmethodology for estimating costs. We then present our totalcost estimates along with estimates of the share of...

[...]We begin with an overview of the topic of corporategovernance and proceed to a discussion of the particularcorporate governance problems of banks. We embrace the viewthat a corporation is best defined as a complex web or “nexus”of contractual relationships among the various claimants to...

[...]This paper examines some of the potential consequences ofGLB for the structure of the U.S. financial services industry. Init, we ask how the industry may evolve as this new legislationinteracts with the consolidation trend already under way, whattypes of mergers are most likely to occur,...