Is There a Remedy for the Problems of Bank Supervision?
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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