Yasuyuki Fuchita is a senior managing director at the Nomura Institute of Capital Markets Research in Tokyo. He coedited Prudent Lending Restored (Brookings, 2009) with Richard J. Herring and Robert E. Litan and Pooling Money (Brookings, 2008) with Litan.Richard J. Herring is the Jacob Safra Professor of International Banking and professor of fi nance at the Wharton School, University of Pennsylvania, where he is also codirector of the Wharton Financial Institutions Center.Robert E. Litan is a senior fellow in Economic Studies at the Brookings Institution and vice president for research and policy at the Kauffman Foundation. His many books include Good Capitalism, Bad Capitalism, and the Economics of Growth Prosperity (Yale University Press, 2007), written with William J. Baumol and Carl J. Schramm.

Yasuyuki Fuchita is a senior managing director at the Nomura Institute of Capital Markets Research in Tokyo. He coedited Prudent Lending Restored (Brookings, 2009) with Richard J. Herring and Robert E. Litan and Pooling Money (Brookings, 2008) with Litan.Richard J. Herring is the Jacob Safra Professor of International Banking and professor of fi nance at the Wharton School, University of Pennsylvania, where he is also codirector of the Wharton Financial Institutions Center.Robert E. Litan is a senior fellow in Economic Studies at the Brookings Institution and vice president for research and policy at the Kauffman Foundation. His many books include Good Capitalism, Bad Capitalism, and the Economics of Growth Prosperity (Yale University Press, 2007), written with William J. Baumol and Carl J. Schramm.

Yasuyuki Fuchita is a senior managing director at the Nomura Institute of Capital Markets Research in Tokyo. He coedited Prudent Lending Restored (Brookings, 2009) with Richard J. Herring and Robert E. Litan and Pooling Money (Brookings, 2008) with Litan.Richard J. Herring is the Jacob Safra Professor of International Banking and professor of fi nance at the Wharton School, University of Pennsylvania, where he is also codirector of the Wharton Financial Institutions Center.Robert E. Litan is a senior fellow in Economic Studies at the Brookings Institution and vice president for research and policy at the Kauffman Foundation. His many books include Good Capitalism, Bad Capitalism, and the Economics of Growth Prosperity (Yale University Press, 2007), written with William J. Baumol and Carl J. Schramm.