Cargando…

Deleveraging after Lehman : evidence from reduced rehypothecation /

Rehypothecation is the practice that allows collateral posted by, say, a hedge fund to their prime broker to be used again as collateral by that prime broker for its own funding. In the United Kingdom, such use of a customer's assets by a prime broker can be for an unlimited amount of the custo...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Singh, Manmohan, 1964- (Autor), Aitken, James (Autor)
Autor Corporativo: International Monetary Fund. Monetary and Capital Markets Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/42.
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000 a 4500
001 EBOOKCENTRAL_ocn469135319
003 OCoLC
005 20240329122006.0
006 m o d
007 cr unu||||||||
008 091124s2009 dcu ob 000 0 eng d
040 |a CUS  |b eng  |e pn  |c CUS  |d CUS  |d E7B  |d OCLCQ  |d CNKEY  |d OCLCQ  |d OCLCA  |d OCLCQ  |d OCLCO  |d OCLCA  |d OCLCF  |d EBLCP  |d MHW  |d OCLCO  |d OCLCQ  |d CUS  |d MERUC  |d PIFAG  |d ZCU  |d U3W  |d STF  |d WRM  |d CEF  |d NRAMU  |d ICG  |d AU@  |d OCLCQ  |d TKN  |d DKC  |d OCLCQ  |d OCLCO  |d OCLCQ  |d OCLCO  |d OCLCL 
029 1 |a DEBBG  |b BV044178499 
029 1 |a NZ1  |b 13863474 
035 |a (OCoLC)469135319 
050 4 |a HG3810 
049 |a UAMI 
100 1 |a Singh, Manmohan,  |d 1964-  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PCjvX6JTd99K7Dk8GKQbBGd 
245 1 0 |a Deleveraging after Lehman :  |b evidence from reduced rehypothecation /  |c prepared by Manmohan Singh and James Aitken. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2009. 
300 |a 1 online resource (1 electronic resource (11 pages)) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF working paper ;  |v WP/09/42 
500 |a At head of title: Monetary and Capital Markets Department. 
500 |a "March 2009." 
504 |a Includes bibliographical references (page 11). 
588 0 |a Print version record. 
520 |a Rehypothecation is the practice that allows collateral posted by, say, a hedge fund to their prime broker to be used again as collateral by that prime broker for its own funding. In the United Kingdom, such use of a customer's assets by a prime broker can be for an unlimited amount of the customer's assets. And moreover, there are no customer protection rules (such as in the United States under the Securities Act of 1933). The paper shows evidence that, following Lehman's bankruptcy, the extent of rehypothecation has declined substantially, in part because investment firms fear losing collater. 
505 0 |a I. Introduction; II. Rehypothecation in the United States and the United Kingdom; III. Rehypothecation After Lehman's Bankruptcy; Tables; 1. Collateral Received that can be Pledged is Decreasing; 2. Securities Lending by Major Custodians; IV. Conclusion; Appendix; 1. Securities Exchange Act's Rule 15c3-3; References. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Economic stabilization. 
650 0 |a Suretyship and guaranty. 
650 6 |a Stabilisation économique. 
650 6 |a Cautionnement. 
650 7 |a bail bonds.  |2 aat 
650 7 |a Economic stabilization  |2 fast 
650 7 |a Suretyship and guaranty  |2 fast 
700 1 |a Aitken, James,  |e author. 
710 2 |a International Monetary Fund.  |b Monetary and Capital Markets Department. 
758 |i has work:  |a Deleveraging after Lehman (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGckG9x4qMKBh6qqkTWwhb  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Singh, Manmohan, 1964-  |t Deleveraging after Lehman.  |d [Washington, D.C.] : International Monetary Fund, ©2009  |w (OCoLC)469141977 
830 0 |a IMF working paper ;  |v WP/09/42. 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608228  |z Texto completo 
938 |a EBL - Ebook Library  |b EBLB  |n EBL1608228 
938 |a ebrary  |b EBRY  |n ebr10368595 
994 |a 92  |b IZTAP