The credit crisis
Credit Default Swaps and the Credit Crisis
... the credit-default swap market, and the crisis Though it is common to hear that CDS contributed significantly to the crisis, it is important to understand that in many ways the CDS market worked ...
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"An Assessment of the Credit Crisis Solutions"
... But this assumes that the business-as-usual model is the only available option—that there is no alternative. Yet it emerges that there is a viable alternative, and this will make it increasingly difficult to get the ...
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The Credit Crisis: A Monetary Explanation
... z Low interest rates pumped up excess liquidity and encouraged excessive risk-taking in financial markets. Excess savings from EM economies amplified this effect. z Worry #1: The Fed’s aggressive response to the ...
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The Credit Crisis as a Problem in the Sociology of Knowledge
... understandable desire to assign blame it is easy in the aftermath of a calamity such as the credit crisis to adopt too simplistically what (Vaughan 1996, p.36) calls the “amoral calculator hypothesis.” ...
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Bank CEO Incentives and the Credit Crisis
... the crisis, whether the alignment of interests between CEOs and shareholders can explain the performance of banks in the cross-section during the credit crisis, and how CEOs fared during the ...the ...
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Fiduciary Liability Insurance for the Credit Crisis
... Looking for Coverage Fiduciary Liability Insurance for the Credit Crisis Press, Financial Crisis Drains Retirement Plans (Oct. 7, 2008). Employees and par- ticipants in employee benefit and pension ...
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Insurance regulation and the credit crisis What’s new?
... financial crisis is expected to encourage insurers to remain focused on their core business of risk ...the credit crisis are mainly those that combined insurance and banking-type ...
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Risk Management Lessons from the Credit Crisis
... addition, standard models cannot seem to explain the observed patterns of default clustering, even prior to the credit crisis that started in 2007. 4 As an example of the third problem, the mapping process ...
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The Credit Crisis and The Moral Responsibility of Professionals in Finance
... The purpose of this paper can now be stated as follows. We will try to circumscribe the virtues that professionals working in the financial sector will need to adhere to in order to help prevent future crises, and we ...
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The credit crisis and cycle-proof regulation
... CONCLUSION A crisis offers us a rare window of opportu- nity to implement reforms—it is a terrible thing to waste. The temptation will be to overregulate, as we have done in the past. This creates its own perverse ...
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European asset swap spreads and the credit crisis
... 7. Conclusion In this study we examine the time-series dynamic of credit risk based on ASW spread data for a set of 23 European iBoxx Corporate Bond indexes during the period from 1 January 2006 to 30 January ...
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European Asset Swap Spreads and the Credit Crisis
... of credit spreads inferred from CDS indexes (Byström, 2005; Alexander and Kaeck, 2008), single name CDS spreads (Yu, 2005; Benkert, 2004; Erricson et ...of credit spreads by considering market ...in ...
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Keeping the Faith: Corporate Governance After the Credit Crisis
... These corporate control transactions, which allow the market to eliminate bad management using objectively determinable stock prices, are unlikely to be as affected by t[r] ...
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This is not a credit crisis
... What is true for the US is true for the global economic system. Outstanding derivatives have reportedly reached USD 1.14 quadrillion worldwide (BIS 2009). But policymakers do not seem to realize what was plain to your ...
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Credit Crisis Litigation Update: It is Settlement Time *
... We classify the primary defendants in the credit crisis filings by reviewing complaints and other legal documents. Our classification of the defendants is based on the allegations and the role of the ...
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Post Credit Crisis Funding
... The contents of this document are indicative and are subject to change without notice. This document is intended for your sole use on the basis that before entering into this, and/or any related transaction, you will ...
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crisis and the availability of small credit
... collateral requirements. According to Petersen and Rajan (1994), establishing long relationships with and concentrating borrowing from a few lenders increase the availability of financing and reduce its cost for small ...
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Prospectus. The Mortgage Credit Crisis
... In all, we assessed risk factors on individual loans held by more than 31 million borrower households holding $6.8 trillion of mortgages. We aggregated the data by lender. When you have the right data, conclusions become ...
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Credit Supply Disruptions: From Credit Crunches to Financial Crisis
... 1. Credit Crunches Then and Now Figure 1 shows total loans outstanding from 1984 to the present in constant 2014 dollars, with shading to reflect the timing of ...the credit crunch, reductions in ...
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Excess Credit and the South Korean Crisis
... of credit can only represent the case in which banks would like to supply more credit than firms are willing to accept; thus, without coercion, an excess supply of credit can never be ...excessive ...
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