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Hardcover Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis Book
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ISBN: 1442641924

ISBN13: 9781442641921

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

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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. Fueled by a top rating from DBRS, ABCP had found its way into the portfolios of some of Canada's most sophisticated investors as well as vulnerable retail investors who didn't know what they were holding.

The failure of the $32 billion market could have tipped Canadian and foreign...

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Format: Hardcover

Condition: New

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