Given that the U.S. after fits and starts essentially followed the British model for dealing with insolvent banks, this article from the Telegraph may give us a clue of things to come on this side of the pond. Recall that the British government acted quickly and decisively when they injected capital into their largest banks […]
Posts Tagged ‘loans’
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Securitization And Bank Regulation
Posted by Tom Lindmark on December 14th, 2008
Felix Salmon had a gem of a post at Portfolio.com the other day. In it he talks about low-information assets and high-information assets. The former being things like bank deposits and money market funds and the latter being stocks and CDO’s. One of the points of the post was that the transformation of low-information assets […]
