- Additional Authors
- Found In
- OECD Journal: Financial Market Trends Vol. 2009, no. 1, p. 11-28 1995-2872
- Subject
- Finance and Investment
- LCCN
- 10.1787/fmt-v2009-art1-en
- OCLC
- oecd-lib-000879
- Author
Blundell-Wignall, Adrian.
- Title
Dealing with the crisis and thinking about the exit strategy [electronic resource] / Adrian Blundell-Wignall, Paul Atkinson and Se Hoon Lee
- Imprint
Paris : OECD Publishing, 2009.
- Description
18 p.
- Summary
This article looks at the stages of crisis management and some of the different degrees of transparency on losses and risks in the US and Europe. It also compares alternative approaches to dealing with impaired assets used in the USA and Europe. Exposure to off-balance losses remains a key issue. Europe, surprisingly, has been and remains the major issuer of collateralised synthetic obligations that have been so prominent in the crisis. The capital needs of banks over the next few years is examined, and great uncertainties remain due to the unknown extent to which off-balance sheet vehicles will need to be consolidated. Finally, the requirements of longer-run reform are outlined.
- Connect to:
- Indexed Term
Finance and Investment
- Added Author
Atkinson, Paul.
Lee, Se Hoon.
- Found In:
OECD Journal: Financial Market Trends Vol. 2009, no. 1, p. 11-28 2009:1<11 1995-2872
- Other Standard Identifier
10.1787/fmt-v2009-art1-en doi