Who Will Rescue Finance?: The Role of the Academics, Bankers, Politicians, Regulators

A critical analysis of the financial crisis and the path to restoring credibility in finance.

Who Will Rescue Finance? examines the causes of the 2008 Global Financial Crisis, arguing that the attempt to treat risk as a tradable commodity is a key factor. It blends financial analysis with philosophical and moral questions, re-interpreting the facts and raising important new questions about the value of finance. The book evaluates the roles of academics, bankers, politicians, and regulators, emphasizing that regulation and ethical standards alone are insufficient.

This is for professionals, academics, and anyone with a social conscience seeking a deeper understanding of the financial system's failures and potential solutions. Discover how a well-constructed financial system, guided by ethical considerations, can be a force for good. Question the future role of our financial system and its impact on society.

Emilio Barucci is Full Professor of Financial Mathematics at the Department of Mathematics, Politecnico di Milano. He is the Director of the Quantitative Finance Group of the Department of Mathematics, Politecnico di Milano. He is also independent director of Dea Capital Alternative Funds sgr (one of the largest Italian private equity fund) and independent director of the Aviva group in Italy (the first insurance company in UK).