Required
Since we did not (in my mind, at least) spend enough time on Gorton and Cecchetti last class, I want to repeat those two readings:
Gary Gorton (2010), "Questions and Answers About the Financial Crisis" http://tinyurl.com/d201109d
Stephen G. Cecchetti (2009). "Crisis and Responses: The Federal Reserve in the Early Stages of the Financial Crisis." Journal of Economic Perspectives, 23(1): 51–75.http://tinyurl.com/d201109a
And add, as well:
Frederic S. Mishkin (2011). "Over the Cliff: From the Subprime to the Global Financial Crisis." Journal of Economic Perspectives, 25(1): 49–70.http://tinyurl.com/d201109c
Complaint: SEC vs. Citigroup: http://delong.typepad.com/20100909-complaint-sec-v.-citit.pdf
Memorandum in Response: SEC vs. Citigroup: http://delong.typepad.com/20100909-sec-v-citigroup.pdf
Optional
Vincent Reinhart (2011). "A Year of Living Dangerously: The Management of the Financial Crisis in 2008." Journal of Economic Perspectives, 25(1): 71–90.http://tinyurl.com/d201109b
Gary Gorton and Andrew Metrick (2010), "Regulating the Shadow Banking System" http://tinyurl.com/dl201109e