This was always a crunch to be fought on 2 fronts
The Paulson plan, also known as the Troubled Asset Relief Program (Tarp), was based on the idea that banks would not operate as banks as long as their books included large amounts of bad assets whose value cannot be assessed. This idea was not well
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Financial Stability
IFC to boost local currency financing in Nigeria
Central bank signs agreement intended to unlock more than $1 billion of funding in coming years
IMF lowers growth projection for Middle East and North Africa
Fund says conflict and cuts in oil production are main factors behind its revised forecast
Emerging markets resilient amid global shift, governors tell panel
Smaller economies better placed to intervene during crises, say central bank heads
Central banks need to monitor non-bank risks more – Bailey
Governor expects BoE to release results of stress exercises on sector by end of year
Yemen could resume publishing fiscal data in ‘near future’
Fund continues its capacity-building efforts in “fragile” state, despite challenges
Basel Committee chair warns against easing regulations
Short-term gains will be offset by long-term pain, says Erik Thedéen
Bangladesh Bank raises interest rate to 10%
New governor makes third consecutive hike as bank attempts to tame inflation
Three kinds of firm still vulnerable to 2023-style crisis – FSB
Hardest-hit banks suffered outflows of 20–30% of deposits each day, report finds