Cover image for The fall of the house of credit : what went wrong in banking and what can be done to repair the damage?
Title:
The fall of the house of credit : what went wrong in banking and what can be done to repair the damage?
Author:
Milne, Alistair.
Personal Author:
Publication Information:
Cambridge, UK ; New York : Cambridge University Press, [2009]

©2009
Physical Description:
xiv, 366 pages : illustrations ; 24 cm
Language:
English
Contents:
1. Where did all the money go? : An analysis of the causes and cure of the current global banking crisis -- 2. Build-up, meltdown and intervention -- 3. We have been here before, haven't we? -- 4. A basic funding tool--the tranched mortgage-backed security -- 5. Using tranching to make short-term transaction profits -- 6. Borrowing short and lending long : the illusion of liquidity in structured credit -- 7. The levees break -- 8. The flood of losses -- 9. Central banks and money markets -- 10. The run on the world's banks -- Conclusions : repairing the house of credit.
ISBN:
9780521762144
Format :
Book