"This book is a timely and welcome attempt to shed light on a number of aspects of the banking crisis that has precipitated the deepest global recession in recent memory. It would be a valued addition to the libraries of academics and policymakers alike."—Professor Sumon Bhaumik, Senior Lecturer, Department of Economics and Finance, Brunel University, UK"The current crisis has got various faces and dimensions. To be well understood, different points of view and perspectives have to be considered simultaneously. That is precisely the content of this book. It offers a broad overview by putting together very relevant contributions of experts from numerous financial institutions and research centers. Such an approach is the best way of avoiding similar mistakes in the future."—Jean-David Fermanian, Senior Quantitative Researcher, Fixed Income Research Team, BNP Paribas, London, UK"The banking and financial industry is currently experiencing a major and extremely severe crisis. This timely and unique handbook collects insightful contributions to understand not only the sources of the crisis but also how the landscape will change in the coming years. A must read for every finance practitioner."—Dr. Jean-François Bacmann, Head of Overlay Strategies, Man Investments"An invaluable book that will help readers gain a deeper understanding of the global financial crisis. Investors, regulators, and bankers would do well to study it carefully to avoid or protect against future banking crises."—Arjan Berkelaar, Principal Investment Officer, World Bank Treasury, Washington, D.C., USA