See Henry Kaufman (1991), "Credit Crunches: The Deregulators Were Wrong," Wall Street Journal, October 9. See also Albert Wojnilower (1980), "The Central Role of Credit Crunches in Recent Financial History," Brookings Papers on Economic Activity, vol. 2, pp. 277-326. 3  Council of Economic Advisers (1992), Economic Report of the President (Washington: Government Printing Office), p. 46.
1  “Evaluating the Impact of Fair Value Accounting on Financial Institutions: Implications for Accounting Standards Setting and Bank Supervision”, Federal Reserve Bank of Boston, December 2011. 2  BIS central bankers’ speeches  Third, to better reflect actual risks in the performance measures for banks, my proposal would be to introduce more sustainable risk-adjusted performance indicators.