Journal of
Marketing Development and Competitiveness






Scholar Gateway


Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
Mattare-Monahan-Shah (p. 79-94)
Nonis-Hudson-Hunt (p. 95-106) 



JOURNAL OF APPLIED BUSINESS AND ECONOMICS


Lessons from the 2008-2009 US Banking Crisis


Author(s): Kenneth J. Hatten, William L. James, James P. Keeler, Robert C. Fink

Citation: Kenneth J. Hatten, William L. James, James P. Keeler, Robert C. Fink, (2018) "Lessons from the 2008-2009 US Banking Crisis," Journal of Applied Business and Economics, Vol. 20, Iss.2,  pp. 59-75

Article Type: Research paper

Publisher: North American Business Press

Abstract:

More than 70 per cent of the largest 1,200 US banks of 2011 avoided annual losses in 2008 or 2009
largely because their operations were controlled. Bankers, faced with unexpected reverses, worked to
reestablish control and profitability. Our examination of banking’s record leading up to the 2008-2009
financial crisis indicates there were several abnormal changes bankers might have observed between
2005 and 2007 to put their organizations on alert. Such alerts before the crisis could have helped some
banks minimize their losses or even avoid them. Looking ahead, bankers who apply the lessons identified, herein, should report more stable profitability during the volatile phases of future business cycles. Analysts and regulators alike should be able to use these same lessons to sort resilient banks from the rest.