The Resource Financial crisis, by Kenneth Jost, (electronic resource)

Financial crisis, by Kenneth Jost, (electronic resource)

Label
Financial crisis
Title
Financial crisis
Statement of responsibility
by Kenneth Jost
Title variation
Did lax regulation cause a credit meltdown?
Creator
Subject
Genre
Language
eng
Summary
The flood of subprime mortgage defaults roiling the U.S. housing market is also feeding a worldwide credit crisis. Using complex computerized models, lenders have pooled credit instruments of all sorts -- mortgages, credit-card debt, corporate and government bonds -- for trading in lightly regulated financial markets. The banks, investment funds and other players that trade in these markets say that such "securitization" promotes economic liquidity by spreading and diversifying risk. Critics say the practice actually allows dubious loans to uncreditworthy customers to spread virus-like through worldwide financial markets. Investment banks in the United States and elsewhere are taking billion-dollar losses as they are forced to revalue their holdings. The U.S. Treasury Department has proposed a major overhaul of financial-markets regulation, but the sweeping plan offers little by way of immediate relief. In any event, any proposals for additional regulation will face stiff resistance from the financial community
Member of
Additional physical form
Also available in print.
Cataloging source
CQPDC
http://bibfra.me/vocab/lite/collectionName
  • CQ researcher
  • CQ researcher
http://library.link/vocab/creatorName
Jost, Kenneth
Dewey number
332.0973
Index
no index present
LC call number
HB3722
LC item number
.J67 2008
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
CQ researcher
Series volume
v. 18, no. 18
http://library.link/vocab/subjectName
  • Board of Governors of the Federal Reserve System (U.S.)
  • Financial crises
  • United States
  • United States
  • Financial institutions
Label
Financial crisis, by Kenneth Jost, (electronic resource)
Instantiates
Publication
Note
  • Title from caption (viewed on June 30, 2008)
  • "May 9, 2008."
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
232960938
Dimensions
unknown
Extent
1 online resource
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
Specific material designation
remote
System control number
(OCoLC)232960938
System details
Mode of access: World Wide Web
Label
Financial crisis, by Kenneth Jost, (electronic resource)
Publication
Note
  • Title from caption (viewed on June 30, 2008)
  • "May 9, 2008."
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
232960938
Dimensions
unknown
Extent
1 online resource
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
Specific material designation
remote
System control number
(OCoLC)232960938
System details
Mode of access: World Wide Web

Library Locations

    • Thomas Jefferson LibraryBorrow it
      1 University Blvd, St. Louis, MO, 63121, US
      38.710138 -90.311107
Processing Feedback ...