Commercial paper market froze up suddenly
The commercial paper market froze up suddenly.
Immediately related elementsHow this works
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The Global Financial Crisis »The Global Financial Crisis
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Immediate triggers of the financial crisis? »Immediate triggers of the financial crisis?
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Sudden evaporation of market confidence/trust »Sudden evaporation of market confidence/trust
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Commercial paper market froze up suddenly
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Money Market Mutual funds moved into Treasury Bills »Money Market Mutual funds moved into Treasury Bills
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Banks' borrow-short-lend-long strategy backfired »Banks' borrow-short-lend-long strategy backfired
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