Caroline Cakebread: 1 book
Back from the Brink
Lessons from the Canadian Asset-Backed Commercial Paper Crisis
Language: English
Release Date: June 16, 2016
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...
