Ebook: Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis
- Year: 2018
- Publisher: University of Toronto Press
- Language: English
- pdf
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. Back from the Brink explains the origins of the Canadian ABCP crisis and how an ambitious market restructuring prevented a $32 billion market from falling into chaos.
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