Lombard Street : a description of the money market /
Material type:
TextPublication details: Homewood, Ill., R.D. Irwin, c1962.Description: 176 pSubject(s): DDC classification: - 332.110942 BAG
- HG3000.L82 B3 1962
| Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
Monograph & others
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CBN HQ Library General Stacks | Non-fiction | 332.110942 BAG (Browse shelf(Opens below)) | Available | 31008101219620 |
Browsing CBN HQ Library shelves, Shelving location: General Stacks, Collection: Non-fiction Close shelf browser (Hides shelf browser)
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| 332.11092 FUL Graham Towers and his times : | 332.11094 APE Central banking systems compared : | 332.110942 ART Foundations of British monetary policy / | 332.110942 BAG Lombard Street : | 332.11095 DAV Central banking in South and East Asia / | 332.110954 COS Reserve bank of india: | 332.110954 GUP The Reserve Bank of India and monetary management / |
With a new introduction by Frank C. Genovese.
The book describe and explain the world of international and corporate finance, banking, and money in understandable language. The book was in part a reaction to the financial collapse of Overend, Gurney and Company, a wholesale discount bank located at 65 Lombard Street, London, from which the book draws its title. When this bank suspended payments on 10 May 1866, panic spread across London, Liverpool, Manchester, Norwich, Derby and Bristol.
Bagehot's advice also refered to as "Bagehot's dictum" for the lender of last resort during a credit crunch is summarized by Charles Goodhart as follows:
Lend freely;
At a high rate of interest; and
On good banking securities.
eej 17/01/2019
Loans
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