Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund.
|
ISBN: | 1475555709 9781475555707 147551056X 9781475510560 9781475510560
|
Notes: | "September 2012." Includes bibliographical references (page 21).
|
Summary: | In the aftermath of the Lehman crisis, payouts (i.e., taxpayer bailouts) in various forms were provided by governments to a variety of financial institutions and markets that were outside the regulatory perimeter - the - "shadow" banking system. Although recent regulatory proposals attempt to reduce these - "puts", we provide examples from non-banking activities within a bank, money market funds, Triparty repo, OTC derivatives market, collateral with central banks, and issuance of floating rate notes etc., that these risks remain. We suggest that a regulatory environment where puts are not ambiguous will likely lower the cost of bail-outs after a crisis.
|
Other form: | Print Version: Singh, Manmohan. Puts in the Shadow. Washington, D.C. : International Monetary Fund, 2012 9781475510560
|
Standard no.: | 10.5089/9781475510560.001
|