Paul Halpern, Caroline Cakebread, Christopher C Nicholls, Poonam Puri

Back from the Brink

Lessons from the Canadian Asset-Backed Commercial Paper Crisis

• Gebundenes Buch

Produktbeschreibung

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.

Produktdetails

• Verlag: University of Toronto Press
• Seitenzahl: 264
• Erscheinungstermin: 18. Mai 2016
• Englisch
• Abmessung: 229mm x 147mm x 23mm
• Gewicht: 544g
• ISBN-13: 9781442641921
• ISBN-10: 1442641924
• Artikelnr.: 44165022

Autorenporträt

Paul Halpern is a professor emeritus of finance at the Rotman School of Management at the University of Toronto.

Inhaltsangabe

Introduction
Part 1. The ABCs of a Crisis
Chapter 1: The Day Montreal Stood Still
Chapter 2: Not a Regional Problem
Chapter 3: Enter Purdy Crawford
Part 2. The Art of the Possible: Hammering Out a Deal
Chapter 4: A Proposal Is Born
Chapter 5: Putting It Back Together Again
Chapter 6: Selling the Deal
Chapter 7: The Plan Gets Approved
Chapter 8: It Almost Falls Apart
Part 3. ABCP Afterlife: How Has the Market Performed?
Chapter 9: Whither a Liquid Market
Chapter 10: Regulatory Fallout
Part 4. Conclusions
Chapter 11: Winners and Losers in the ABCP Fiasco
Chapter 12: Lessons Learned