There's still time! Find the perfect Father's Day gift with store pickup | Shop NowThere's still time! Find the perfect Father's Day gift with store pickup | Shop Now

Ghost Collateral: The Fragile Architecture of Global Banking: Pledges, Derivatives, and the Hidden Systemic Risk in Modern Financial Markets

eBook
$5.99
Membership Card Icon
Collect stamps to save with Rewards. 10 stamps = $5. Learn More
Formats
Select a store to view item availability.

Available on compatible , the free NOOK App, and in My Digital Library

NOOK App

Download NOOK app

NOOK Devices

NOOK eReaders

  • NOOK GlowLight 4 Plus
  • NOOK GlowLight 4e
  • NOOK GlowLight 4
  • NOOK GlowLight Plus 7.8"
  • NOOK GlowLight 3
  • NOOK GlowLight Plus 6"

NOOK Tablets

  • NOOK 8.7" Reading Tablet
  • NOOK 9" Lenovo Tablet
  • NOOK 10" HD Lenovo Tablet
  • NOOK Tablet 7" & 10.1"
  • NOOK by Samsung Galaxy Tab 7.0 [Tab A and Tab 4]
  • NOOK by Samsung [Tab 4 10.1, S2 & E]

Free NOOK Reading Apps

  • NOOK for iOS
  • NOOK for Android

BN.com website

Go to your Digital Library in My Account

Limit 1 per customer
The modern banking system operates on an illusion of immense stability, anchored by the comforting assumption that every loan, trade, and complex derivative is firmly backed by hard, tangible assets. The terrifying reality is entirely different. Behind the closed doors of international clearinghouses, the exact same high-quality collateral is routinely pledged multiple times to various counterparties across the globe.

Ghost Collateral deconstructs the highly obscure, off-balance-sheet world ...