000			01443cam a22002651 4500
008			720225t1962 ilua gr 000 0 eng
040			_aCBNCAT
050	0	0	_aHG3000.L82 _bB3 1962
082			_a332.110942 _bBAG
100	1		_aBagehot, Walter,
245	1	0	_aLombard Street : _ba description of the money market /
260			_aHomewood, Ill., _bR.D. Irwin, _cc1962.
300			_a176 p.
500			_aWith a new introduction by Frank C. Genovese.
520			_aThe 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.
590			_aeej 17/01/2019
591			_aLoans
650		0	_aMoney
650		0	_aBanks and banking
650		0	_aMoney market
650		0	_aLombard street
856			_uhttps://fraser.stlouisfed.org/files/docs/meltzer/baglom62.pdf
942			_2ddc _cBOOK
949			_a332.110942 BAG
999			_c11795 _d11795