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Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis

Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis
Author: Paul Halpern
Price: $39.95
ISBN-10: 1442611014
ISBN-13: 9781442611016
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Format: EPub
Delivery: BibliU Reader
Duration: Lifetime

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Description

As global markets toppled during the 2008 financial crisis, the Canadian market for non-bank asset-backed commercial paper (ABCP) seemed on the verge of collapsing. Back from the Brink explains the origins of the Canadian ABCP crisis and how an ambitious market restructuring prevented a $32 billion market from falling into chaos.