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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Main Authors: | |
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Published: |
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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 |