Dealing with the crisis and thinking about the exit strategy:

This article looks at the stages of crisis management and some of the different degrees of transparency on losses and risks in the US and Europe. It also compares alternative approaches to dealing with impaired assets used in the USA and Europe. Exposure to off-balance losses remains a key issue. Eu...

Full description

Saved in:
Bibliographic Details
Main Author: Blundell-Wignall, Adrian (Author)
Other Authors: Atkinson, Paul (Contributor), Lee, Se Hoon (Contributor)
Format: Electronic Book Chapter
Language:English
Published: Paris OECD Publishing 2009
Subjects:
Online Access:DE-384
DE-473
DE-824
DE-29
DE-739
DE-355
DE-20
DE-1028
DE-1049
DE-521
DE-861
DE-898
DE-92
DE-91
DE-573
DE-19
Volltext
Summary:This article looks at the stages of crisis management and some of the different degrees of transparency on losses and risks in the US and Europe. It also compares alternative approaches to dealing with impaired assets used in the USA and Europe. Exposure to off-balance losses remains a key issue. Europe, surprisingly, has been and remains the major issuer of collateralised synthetic obligations that have been so prominent in the crisis. The capital needs of banks over the next few years is examined, and great uncertainties remain due to the unknown extent to which off-balance sheet vehicles will need to be consolidated. Finally, the requirements of longer-run reform are outlined
Physical Description:1 Online-Ressource (18 Seiten)
DOI:10.1787/fmt-v2009-art1-en

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text