TITLE

Moral hazard exists

AUTHOR(S)

Steyn, Greta

PUB. DATE

September 2008

SOURCE

Finweek;9/18/2008, p61

SOURCE TYPE

Periodical

DOC. TYPE

Article

ABSTRACT

The article discusses the issue of moral hazard, which have been raised by the bail-outs of financial institutions caused by the global credit crunch by overseas governments as well as central banks. It cites the impact of the move on the banks and mortgage institutions. The author also reveals the quality of bail-outs that cannot be avoided.

ACCESSION #

34795040

Tags: MORAL hazard;  FINANCIAL institutions;  MORTGAGE banks;  CENTRAL banks & banking;  FINANCIAL services industry

 

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