Live Zoom Panel - Wednesday, April 19, 11 am - 12 pm ET
Reminder: Sociological Perspectives on the Bank Failures of 2023

Zoom link: https://harvard.zoom.us/j/92491232615
Following the failures of Silicon Valley Bank and Signature Bank, as well as the forced acquisition of Credit Suisse, banks are back in the headlines. This panel considers recent events in light of the flowering of sociological research since the financial crisis of 2008.

More Live Zoom Panel - Wednesday, April 19, 11 am - 12 pm ET
Reminder: Sociological Perspectives on the Bank Failures of 2023

Live Zoom Panel - Wednesday, April 19, 11 am - 12 pm ET
Sociological Perspectives on the Bank Failures of 2023


More Live Zoom Panel - Wednesday, April 19, 11 am - 12 pm ET
Sociological Perspectives on the Bank Failures of 2023

Banking: Intermediation or Money Creation
R. Hockett & S. Omarova, What Do Banks Intermediate?

February 5, 2020

Robert Hockett, Cornell Law School
Saule Omarova, Cornell Law School

Apparently there still are people who believe that the principal role of commercial banks is to ‘intermediate’ between depositors and borrowers – lending the funds of the former to the latter at a premium, conveying a portion of that premium to the former, and pocketing the remainder.
More Banking: Intermediation or Money Creation
R. Hockett & S. Omarova, What Do Banks Intermediate?