Is There a Remedy for the Problems of Bank Supervision?
The first nine chapters of this book should have brought to the reader’s attention the impossible situation the banking industry has created for itself, on-balance-sheet and off-balance-sheet. Bad enough though their case is, the subprimes are not the only reason why investment banks, commercial banks, mortgage lenders, non-bank banks, and other financial institutions are in trouble.
KeywordsBalance Sheet Hedge Fund Credit Default Swap Bank Supervision Financial Service Authority
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- 3.Merrill Lynch, Investment Strategy, 17 March 2008.Google Scholar