Absence of capital set aside sucked companies in
If the companies had been forced to set aside capital reserves to cover the credit default swaps contracts, many companies may simply not have been tempted to enter the credit default swaps market (as bankers are loathe to set capital aside).
PAGE NAVIGATOR(Help)
-
The Global Financial Crisis »The Global Financial Crisis
Immediate triggers of the financial crisis? »Immediate triggers of the financial crisis?
Pathology in the Credit Default Swaps market »Pathology in the Credit Default Swaps market
Credit default swaps became divorced from underlying value »Credit default swaps became divorced from underlying value
Absence of regulation meant swaps not supported by capital reserves »Absence of regulation meant swaps not supported by capital reserves
Absence of capital set aside sucked companies in
+Commentaar (0)
+Citaten (0)
+About