Managing Financial Distress and Valuing Distressed Securities: A Survey and a Research Agenda
- Greenspan Takes Little Blame for Financial Crisis. Borak, Donna // American Banker;4/8/2010, Vol. 175 Issue 54, p4
The article reports on the testimony of former U.S. Federal Reserve Board Chairman Alan Greenspan at a Financial Crisis Inquiry Commission hearing. Greenspan's view is that banks need to be more highly capitalized and have higher collateral requirements. The idea is that liquidity and capital...
- Pass or Fail. CONWAY, KC // National Real Estate Investor;Fall2011 Knowledge Leader, p14
The article presents the author's insights on Supervisory Capital Allocation Program (SCAP), a series of economic and credit stress tests intended to prevent financial crisis. The author says that stress tests evaluate the impact of movements in relevant economic variables on credit quality and...
- The Road to Recovery A View from Japan. Kang, Kenneth; Syed, Murtaza // Finance & Development;Dec2008, Vol. 45 Issue 4, p24
The article focuses on the initiative and reforms made by Japan to recover from the financial crisis. It recalls that the Japanese country has experienced banking crisis similar to the financial turmoil afflicting the U.S. economy. It illustrates some useful lessons recommended by Japan's...
- Accounting Measures of Corporate Liquidity, Leverage, and Costs of Financial Distress. John, Teresa A. // FM: The Journal of the Financial Management Association;Autumn1993, Vol. 22 Issue 3, p91
Provides accounting measures to determine corporate liquidity, leverage and costs of financial distress. Categories of financing contracts; Focus on aspects of asset liquidation; Relationship between debt and costs of financial distress; Linear models.
- Stronger Capital Standards a Start, but More Work Needed, Says Fed Gov. Tarullo. // Financial Update;Oct-Dec2011, Vol. 24 Issue 4, p12
The article presents views of Daniel Tarullo, U.S. Federal Reserve Governor, on proposed capital and liquidity rules for preventing financial crisis. He discussed global financial regulation and Federal Reserve's expectations regarding capital levels at the American Bar Association's Banking...
- THE ROLE OF MONETARY POLICY IN THE FACE OF CRISES. Schwartz, Anna J. // CATO Journal;Spring/Summer2007, Vol. 27 Issue 2, p157
The article addresses the debate over whether the U.S. Federal Reserve Board should adopt inflation targeting as a strategy to help mitigate economic crises. A review of Federal Reserve Board Chairman Alan Greenspan's record of providing liquidity in response to the agency's perception of shocks...
- How to avoid international financial crises. Yeager, Leland B. // CATO Journal;Winter98, Vol. 17 Issue 3, p257
Presents information on how international financial crises can be avoided. How these crises are caused; Reference to the financial crises of Mexico and East Asia; How compromise can lead to a financial crisis; Advantages and disadvantages of polar arrangements; Information on capital movements.
- Sovereign defaults will be felt globally. Drayson, Tim // Mortgage Strategy;2/22/2010, p23
The article discusses the extraordinary measures taken by the policy makers in Great Britain in order to solve financial crisis and rebuild its financial system.
- Avoiding financial disaster. // International Construction;Mar1997, Vol. 36 Issue 3, p14
Provides tips for companies on how to avoid financial disaster. Factors causing financial disaster; Problems facing contract drafters in a series of sequential contracts; Case study on how financial disaster hit an infrastructure development project.