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Dilute or die.

Source :
Economist. 5/16/2009, Vol. 391 Issue 8631, p81-81. 1/3p.
Publication Year :
2009

Abstract

The article discusses a capital regime for banks proposed by researchers Oliver Hart and Luigi Zingales. Their method specifies that banks' capital structures would be a function of the price of credit-default swaps on their debt, with banks forced to increase equity as losses rise. Failure to act would bring intervention by regulators.

Details

Language :
English
ISSN :
00130613
Volume :
391
Issue :
8631
Database :
Academic Search Index
Journal :
Economist
Publication Type :
Periodical
Accession number :
39772506