aleablog.com - 1/22/2009
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Paper by Tobias Adrian and Hyun Song Shin (FRBNY)
In a market-based financial system, banking and capital market developments are inseparable, and funding conditions are closely tied to fluctuations in the leverage of market-based financial intermediaries. Offering a window on liquidity, ...
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Thursday links: bank mitosis
Abnormal Returns —
... The credit crunch showed up in the credit markets first, banks presently. (Alea) ...
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