0
Your cart

Your cart is empty

Books > Business & Economics > Finance & accounting > Finance > Investment & securities

Buy Now

Back from the Brink - Lessons from the Canadian Asset-Backed Commercial Paper Crisis (Hardcover) Loot Price: R895
Discovery Miles 8 950
Back from the Brink - Lessons from the Canadian Asset-Backed Commercial Paper Crisis (Hardcover): Paul Halpern, Caroline...

Back from the Brink - Lessons from the Canadian Asset-Backed Commercial Paper Crisis (Hardcover)

Paul Halpern, Caroline Cakebread, Christopher C Nicholls, Poonam Puri

 (sign in to rate)
Loot Price R895 Discovery Miles 8 950 | Repayment Terms: R84 pm x 12*

Bookmark and Share

Expected to ship within 12 - 17 working days

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 as vulnerable retail investors who didn't know what they were holding. The failure of the $32 billion market could have tipped Canadian and foreign credit default swap markets into chaos if it weren't for the swift actions of a few powerful asset holders. Collectively, through the Montreal Accord and led by veteran Canadian lawyer Purdy Crawford, they managed to hold the Canadian ABCP market back from the brink of collapse by crafting a complex and innovative solution. Back from the Brink goes behind the scenes of the ABCP crisis to examine how a solution was reached and lessons learned that could prevent or mitigate future crises. The authors also examine the imaginative use of the Companies' Creditors Arrangement Act and describe the roles played by the banks, the major investors, rating agencies, and the financial regulators in the crisis's origins and conclusions. Back from the Brink holds important lessons for anyone interested in Canadian law, the future of complex investments, and Canada's capital markets.

General

Imprint: University of Toronto Press
Country of origin: Canada
Release date: June 2016
First published: 2016
Authors: Paul Halpern • Caroline Cakebread • Christopher C Nicholls • Poonam Puri
Dimensions: 229 x 152 x 25mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 264
ISBN-13: 978-1-4426-4192-1
Categories: Books > Social sciences > Politics & government > Public administration
Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Economics > Financial crises & disasters
Books > Business & Economics > Finance & accounting > Finance > Investment & securities > General
Books > Money & Finance > Investment & securities > General
Promotions
LSN: 1-4426-4192-4
Barcode: 9781442641921

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Mr Bitcoin - How I Became A Millionaire…
Mpho Dagada Paperback R250 R195 Discovery Miles 1 950
Millionaire In The Making - Building…
Laurens Boel Paperback R240 R190 Discovery Miles 1 900
Financial Mathematics - A Computational…
K. Pereira, N. Modhien, … Paperback R319 R270 Discovery Miles 2 700
Badass Trader - How To Trade Your Way To…
Robert J Van Eyden Paperback R310 R242 Discovery Miles 2 420
The Ultimate Guide To Retirement In…
Bruce Cameron, Wouter Fourie Paperback R370 R289 Discovery Miles 2 890
The Holy Grail Of Investing - The…
Tony Robbins, Christopher Zook Paperback R446 Discovery Miles 4 460
Investment management
Johan Marx Paperback  (1)
R630 R583 Discovery Miles 5 830
Making Money Out Of Property In South…
Jason Lee Paperback  (3)
R370 R289 Discovery Miles 2 890
Principles Of Building Sustainable…
Fulufhelo A. Sithole Paperback R280 R219 Discovery Miles 2 190
Corporate Bonds and Structured Financial…
Moorad Choudhry Hardcover R1,936 Discovery Miles 19 360
IPOs and Equity Offerings
Ross Geddes Hardcover R2,669 Discovery Miles 26 690
Structured Trade and Commodity Finance…
John MacNamara Paperback R10,324 R9,458 Discovery Miles 94 580

See more

Partners