Lessons from the Canadian Asset-Backed Commercial Paper Crisis
by Paul Halpern, Caroline Cakebread, Christopher C. Nicholls and Poonam Puri
Price:
$47.95
ISBN: 9781442641921
Pub Date: June 2016
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.
