The book

The Supervisory Compass

How Examiners Watched Banks, Markets, and the Spaces Between, 1863–2024. A book by Stephen A. Karolyi, Andrew Bird, and Thomas Ruchti. In progress.

Table of contents

Fourteen chapters across four parts. One-paragraph synopsis each.

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Chapter 1 (free)

Edward Green, the Malden robbery, and the first supervisory attention cycle.

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Buy / preorder

Publisher and seller links once the press deal is signed.

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Premium companion

Per-chapter explorer presets, behind-the-finding technical notes, annotated case studies. Unlocked with a book purchase code.

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What is this book about? Every history of US bank supervision so far has been narrative. This one is the first measurement record — one hundred and sixty years of OCC, Federal Reserve, and FDIC writing on bank risk, scored against ten domains and fifty sub-domains, year by year and agency by agency. The narrative chapters are built around the data, not the other way around.