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Rocky Times

New Perspectives on Financial Stability
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This book brings together experts from academia and the banking system to analyze the difficult issues concerning troubled large financial institutions in an environment of economic uncertainty and growing public anger. Continuing the format of the previous Brookings-Nomura collaborations, Rocky Times focuses largely on developments within the United States and Japan but looks at those in other nations as well.
Yasuyuki Fuchita is an executive fellow at the Nomura Institute of Capital Markets Research in Tokyo. He is coeditor with Herring and Litan of Growing Old: Paying for Retirement and Institutional Money Management after the Financial Crisis (2011) and After the Crash: The Future of Finance (2010), both published by Brookings. Richard J. Herring is the Jacob Safra Professor of International Banking at the Wharton School, University of Pennsylvania. Robert E. Litan is Director of Research at Bloomberg Government.
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