What is the problem with banks? Why do they seem to be at the centre of economic and financial turmoil down through the ages? The bail outs associated with the US subprime crisis alone may cost as much as $5 trillion. In this timely and provocative book, Rethel and Sinclair examine banking in America, Asia and Europe, and the circumstances that have transformed banks' attitude to risk. They argue that government, rather than restraining banks, plays a major role in shaping their motivation and behaviour, and they call for wider-ranging regulation. The Problem with Banks is a concise, essential overview of a pressing global issue.