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  • 27 Dec 2010
  • Research & Ideas

HBS Faculty on 2010’s Biggest Business Developments

where I sit as an economist, it's still all about the economy and the long-term impact of the problems laid bare by the Great Recession. During the financial crisis, the world came to the apparently shocking realization that debt... View Details
Keywords: by Staff
  • December 2010 (Revised March 2011)
  • Case

The Euro in Crisis: Decision Time at the European Central Bank

By: J. Gunnar Trumbull, Dante Roscini and Diane Choi
This case traces the origins and evolution of the European Central Bank, with attention to its 2010 decision concerning the purchase of Greek sovereign debt. View Details
Keywords: Financial Crisis; Borrowing and Debt; Currency; Central Banking; Financial Management; Sovereign Finance; Policy; Crisis Management; Europe; Greece
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Trumbull, J. Gunnar, Dante Roscini, and Diane Choi. "The Euro in Crisis: Decision Time at the European Central Bank." Harvard Business School Case 711-049, December 2010. (Revised March 2011.)
  • 07 Sep 2021
  • News

Embracing Activism for Social Change

behavioral health professionals in situations where their expertise would make a critical difference in resolving crisis situations, or even preventing them in the first place,” explains 2020–2021 HBS Leadership Fellow Sarika Mendu (MBA... View Details
Keywords: Deborah Blagg
  • 01 Mar 2010
  • News

Faculty Books

Global Capital and National Institutions: Crisis and Choice in the International Financial Architecture by Laura Alfaro (World Scientific) This casebook has three main topics: the determinants and effects of... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services; Management
  • August 2010 (Revised January 2012)
  • Teaching Note

Breaking the Buck (TN)

By: Robert C. Pozen and Elizabeth Leonard
Teaching Note for 310135. View Details
Keywords: Financial Crisis; Problems and Challenges; Financial Markets; Investment Funds; Management
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Pozen, Robert C., and Elizabeth Leonard. "Breaking the Buck (TN)." Harvard Business School Teaching Note 311-050, August 2010. (Revised January 2012.)
  • Web

Baker Library Collections | Baker Library | Bloomberg Center | Harvard Business School

Lehman Brothers Timeline Sept-Oct 2008 Video-Coverage of the Financial Crisis Download the Exhibition Catalog (PDF) Lehman Brothers Archives Lehman Brothers Deal Books Search Exhibition Lehman Brothers -... View Details
  • Fast Answer

Sustainability in Energy Industry

financial regulators This report identifies so many important recommendations to address the systemic risk that the climate crisis presents. Global Energy Review 2020 The impacts of the Covid-19 View Details
  • July 2010
  • Supplement

Post-Crisis Compensation at Credit Suisse (B)

By: Clayton S. Rose and Aldo Sesia
The (B) case describes how Credit Suisse management allocated the cost of the 25% U.K. banker's tax among shareholders, U.K. managing directors, and the other employees globally. View Details
Keywords: Financial Crisis; Cost; Governing Rules, Regulations, and Reforms; Taxation; Compensation and Benefits; Financial Services Industry; Financial Services Industry; Switzerland; United Kingdom
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Rose, Clayton S., and Aldo Sesia. "Post-Crisis Compensation at Credit Suisse (B)." Harvard Business School Supplement 311-006, July 2010.

    Hans W. Becherer

    Becherer rebuilt Deere & Company, following the financial farm crisis of the 1980s, into a diverse, global competitor. In 1998, revenues from outside the United States accounted for approximately 25% of... View Details
    Keywords: Agriculture & Mining
    • January 2010 (Revised March 2010)
    • Supplement

    The Congressional Oversight Panel's Valuation of the TARP Warrants (B)

    By: Carliss Y. Baldwin
    The Congressional Oversight Panel wants to value the warrants issued to the government in connection with the TARP investments of 2008, in order to increase the transparency of options repurchases. The case describes the methodology used to value the warrants. This... View Details
    Keywords: Financial Crisis; Investment; Public Opinion; Valuation; Banking Industry; Public Administration Industry; United States
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    Baldwin, Carliss Y. "The Congressional Oversight Panel's Valuation of the TARP Warrants (B)." Harvard Business School Supplement 210-036, January 2010. (Revised March 2010.)
    • November 2010
    • Supplement

    Lessons Learned? Brooksley Born & the OTC Derivatives Market (B)

    By: Clayton S. Rose and David Lane
    This (B) case provides the 2009 reflections of former SEC Chairman Arthur Levitt on CFTC Chairman Brooksley Born's 1998 efforts to consider regulating the OTC derivative market. It also provides a summary of the aspects of the 2010 Dodd-Frank Act that regulate these... View Details
    Keywords: Financial Crisis; Credit Derivatives and Swaps; Governing Rules, Regulations, and Reforms; Policy; Government Legislation; Business and Government Relations; Financial Services Industry; Financial Services Industry; District of Columbia
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    Rose, Clayton S., and David Lane. "Lessons Learned? Brooksley Born & the OTC Derivatives Market (B)." Harvard Business School Supplement 311-070, November 2010.
    • 05 May 2003
    • Research & Ideas

    What It Takes to Restore Trust in Business

    The crisis in American business has spawned tales of colorful characters who will surely live on in folk memory, quipped Harvard Business School professor D. Quinn Mills: the ignorant CEO; the creative accountants; the big-spending... View Details
    Keywords: by Martha Lagace; Financial Services
    • Spring 2024
    • Article

    The Evolution of Banking in the 21st Century: Evidence and Regulatory Implications

    By: Samuel Gregory Hanson, Victoria Ivashina, Laura Nicolae, Jeremy C. Stein, Adi Sunderam and Daniel K. Tarullo
    As revealed by the failures of three regional banks in the spring of 2023, bank runs are not a thing of the past. To inform the ongoing discussion of the appropriate regulatory response, we examine trends in the banking industry over the last twenty-five years. On the... View Details
    Keywords: Financial Instruments; Financial Crisis; Assets; Governing Rules, Regulations, and Reforms; Financial Condition; Banking Industry
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    Hanson, Samuel Gregory, Victoria Ivashina, Laura Nicolae, Jeremy C. Stein, Adi Sunderam, and Daniel K. Tarullo. "The Evolution of Banking in the 21st Century: Evidence and Regulatory Implications." Brookings Papers on Economic Activity (Spring 2024): 343–389.
    • 01 Sep 2020
    • News

    3-Minute Briefing: Mark Mason (MBA 1995)

    health crisis that has produced severe economic shocks and has shined a light on the longstanding issues around racial equality. Citi too is a very different firm than we were during the financial View Details
    Keywords: April White; Photo by: Michael Bucher; banking; diversity; COVID-19; leadership; African American; career advice; Finance
    • December 2003 (Revised April 2005)
    • Case

    Birth of Modern Macroeconomic Policy, The: Sweden and the Great Depression

    By: Julio J. Rotemberg and Lisa Lewis
    By early 1937, a debate over the proper conduct of monetary policy raged in Sweden. Sweden's response to the Great Depression was unique. It had, in particular, embraced a revolutionary goal for monetary policy when it abandoned the gold standard in 1931. View Details
    Keywords: History; Money; Policy; Financial Crisis; Macroeconomics; Sweden
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    Rotemberg, Julio J., and Lisa Lewis. "Birth of Modern Macroeconomic Policy, The: Sweden and the Great Depression." Harvard Business School Case 704-029, December 2003. (Revised April 2005.)
    • 01 Dec 2009
    • News

    An Action Plan for Economic Recovery

    POZEN: Offers a plan for overhauling the U.S. financial system to avoid a repeat of the recent market meltdown. Most books about the nation’s financial crisis tell us what... View Details
    Keywords: Roger Thompson; Finance
    • Article

    Survive Another Day: Using Changes in the Composition of Investments to Measure the Cost of Credit Constraints

    By: Luis Garicano and Claudia Steinwender
    We introduce a novel empirical strategy to measure the size of credit shocks. Theoretically, we show that credit shocks reduce the value of long-term relative to short-term investments. Empirically, we can therefore compare the reduction of long-term relative to... View Details
    Keywords: Credit Constraints; Credit Crunch; Spain; Investment Behavior; Credit Squeeze; Financial Crisis; Economic Growth; Investment; Credit; Manufacturing Industry; Spain; European Union
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    Garicano, Luis, and Claudia Steinwender. "Survive Another Day: Using Changes in the Composition of Investments to Measure the Cost of Credit Constraints." Review of Economics and Statistics 98, no. 5 (December 2016): 913–924.
    • 24 Apr 2014
    • News

    Navigating rough waters

    bank through the financial crisis of 2008, including its rescue of Bear Stearns and acquisition of Washington Mutual. "Our aim is to be the world's most trusted and respected View Details
    • June 1987 (Revised September 1997)
    • Case

    Mebel, Doran & Co.

    By: Samuel L. Hayes III
    Puts the student in the position of a senior official of a major New York investment bank who discovers that information has leaked to the market on a confidential takeover plan that was being developed by a corporate client. The official has to decide how to deal with... View Details
    Keywords: Ethics; Decision Choices and Conditions; Investment Banking; Mergers and Acquisitions; Crisis Management; Financial Services Industry; Financial Services Industry
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    Hayes, Samuel L., III. "Mebel, Doran & Co." Harvard Business School Case 287-001, June 1987. (Revised September 1997.)
    • 2013
    • Working Paper

    Return Predictability in the Treasury Market: Real Rates, Inflation, and Liquidity

    By: Carolin E. Pflueger and Luis M. Viceira
    Estimating the liquidity differential between inflation-indexed and nominal bond yields, we separately test for time-varying real rate risk premia, inflation risk premia, and liquidity premia in U.S. and U.K. bond markets. We find strong, model independent evidence... View Details
    Keywords: Expectations Hypothesis; Term Structure; Real Interest Rate Risk; Inflation Risk; Inflation-Indexed Bonds; Financial Crisis; Inflation and Deflation; Financial Liquidity; Bonds; Investment Return; Risk and Uncertainty; United Kingdom; United States
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    Pflueger, Carolin E., and Luis M. Viceira. "Return Predictability in the Treasury Market: Real Rates, Inflation, and Liquidity." Harvard Business School Working Paper, No. 11-094, March 2011. (Revised September 2013.)
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