Bookcover of Global Financial Crisis in October 2008
Booktitle:

Global Financial Crisis in October 2008

Alternative energy, Public Law 110-343, Nicolas Sarkozy

Ject Press (2012-01-14 )

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ISBN-13:

978-613-9-66329-3

ISBN-10:
6139663296
EAN:
9786139663293
Book language:
English
Blurb/Shorttext:
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The policy response to the subprime crisis started in earnest after Lehman’s failure in mid September 2008, accelerated after February 2009, and has become very large by September 2009. Governments have relied on a portfolio of intervention tools, but the biggest commitments and outlays have been in the form of debt and asset guarantees, while purchases of bad assets have been very limited. Announcements directed at the banking system as a whole and at specific banks were priced by the markets. General announcements tend to be associated with positive returns and specific announcements with negative ones. Moreover, general announcements exert cross-country spillovers but are perceived by the home-country banks as subsidies boosting the competitive advantage of foreign banks. Specific announcements exert spillovers on other banks.
Publishing house:
Ject Press
Website:
http://www.alphascript-publishing.com
Edited by:
Carleton Olegario Máximo
Number of pages:
132
Published at:
2012-01-14
Stock:
Available
Category:
Economics
Price:
45.00 €
Keywords:
Policy, Subprime, Portfolio, Governments, Crisis

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