Financial boom and gloom The credit and banking crisis of 2007-2009 and beyond /

The credit and banking crisis which hit the western world in 2007/2008 has and will continue to have far-reaching after-effects. At their core are Collateralized Debt Obligations (CDOs) and Credit Default Swaos (CDSs), the main themes of this book.

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Bibliographic Details
Main Authors: Chorafas, Dimitris N
Published:
Literature type: Electronic Software eBook
Language: English
Series: Palgrave Macmillan studies in banking and financial institutions
Subjects:
Online Access: http://www.palgraveconnect.com/doifinder/10.1057/9780230235830
Summary: The credit and banking crisis which hit the western world in 2007/2008 has and will continue to have far-reaching after-effects. At their core are Collateralized Debt Obligations (CDOs) and Credit Default Swaos (CDSs), the main themes of this book.
Item Description: Ebook.
Originally published in: 2009.
Carrier Form: 304 p. : 17 figures.
ISBN: 9780230578111
9780230235830 :
0230235832 :
CLC: D971.222.8
Contents: Preface PART I: CREDIT CRUNCH ASHES AND PAINS The Mismanagement of Credit Risk The Fed Has Got It Wrong The Globalization of Credit Risk PART II: THE SUBPRIMES CRISIS Earthquake in the Subprime Mortgage Market The Industralization of Credit Risk Leveraged Instruments, Their Credit Rating and Other Unorthodox Practices Northern Rock. A Case Study on Failure of Prudential Supervision PART III: BANK SUPERVISORS AND THEIR REMIT Responsibilities of Financial Regulation Solvency, Liquidity, Asset-backed Paper and the Carry Trade Is There a Remedy to the Problems of Bank Supervision? Glossary Index