Liquidity Rules: Manage Innovation Or Risk Repeating History

Free registration required

Executive Summary

On the surface, the meltdown of the U.S. subprime mortgage market should not have triggered a worldwide financial crisis. Worst-case estimates put subprime mortgage losses at $250 billion - a drop in the bucket compared to the many trillions of dollars worth of financial instruments traded around the globe. In a credit crisis, some financial players, uncertain of the rules, hoard liquidity. Others stay out of the market entirely. The result is chaos.

  • Format: HTML
  • Size: 0 KB