Author: Darrell R. Larsen
Publisher: American Bar Association
ISBN: 9781590315132
Category : Business & Economics
Languages : en
Pages : 340
Book Description
Providing a comprehensive and in-depth analysis of business considerations, this book is a valuable tool that also looks at legal issues for secondary market securitization of tax-exempt assets, including the securitized TOB market. It also analyzes solely the securitization of state and local government obligations, interest on which is federally tax-exempt, and more.
Secondary Market Tax-exempt Asset Securitization for Sponsors, Investors, Other Market Participants, and Their Counsel
Author: Darrell R. Larsen
Publisher: American Bar Association
ISBN: 9781590315132
Category : Business & Economics
Languages : en
Pages : 340
Book Description
Providing a comprehensive and in-depth analysis of business considerations, this book is a valuable tool that also looks at legal issues for secondary market securitization of tax-exempt assets, including the securitized TOB market. It also analyzes solely the securitization of state and local government obligations, interest on which is federally tax-exempt, and more.
Publisher: American Bar Association
ISBN: 9781590315132
Category : Business & Economics
Languages : en
Pages : 340
Book Description
Providing a comprehensive and in-depth analysis of business considerations, this book is a valuable tool that also looks at legal issues for secondary market securitization of tax-exempt assets, including the securitized TOB market. It also analyzes solely the securitization of state and local government obligations, interest on which is federally tax-exempt, and more.
IPL Newsletter
Author:
Publisher:
ISBN:
Category : Intellectual property
Languages : en
Pages : 526
Book Description
Publisher:
ISBN:
Category : Intellectual property
Languages : en
Pages : 526
Book Description
Student Lawyer
Author:
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 466
Book Description
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 466
Book Description
Slapped by the Invisible Hand
Author: Gary B. Gorton
Publisher: Oxford University Press
ISBN: 0199742111
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Originally written for a conference of the Federal Reserve, Gary Gorton's "The Panic of 2007" garnered enormous attention and is considered by many to be the most convincing take on the recent economic meltdown. Now, in Slapped by the Invisible Hand, Gorton builds upon this seminal work, explaining how the securitized-banking system, the nexus of financial markets and instruments unknown to most people, stands at the heart of the financial crisis. Gorton shows that the Panic of 2007 was not so different from the Panics of 1907 or of 1893, except that, in 2007, most people had never heard of the markets that were involved, didn't know how they worked, or what their purposes were. Terms like subprime mortgage, asset-backed commercial paper conduit, structured investment vehicle, credit derivative, securitization, or repo market were meaningless. In this superb volume, Gorton makes all of this crystal clear. He shows that the securitized banking system is, in fact, a real banking system, allowing institutional investors and firms to make enormous, short-term deposits. But as any banking system, it was vulnerable to a panic. Indeed the events starting in August 2007 can best be understood not as a retail panic involving individuals, but as a wholesale panic involving institutions, where large financial firms "ran" on other financial firms, making the system insolvent. An authority on banking panics, Gorton is the ideal person to explain the financial calamity of 2007. Indeed, as the crisis unfolded, he was working inside an institution that played a central role in the collapse. Thus, this book presents the unparalleled and invaluable perspective of a top scholar who was also a key insider.
Publisher: Oxford University Press
ISBN: 0199742111
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Originally written for a conference of the Federal Reserve, Gary Gorton's "The Panic of 2007" garnered enormous attention and is considered by many to be the most convincing take on the recent economic meltdown. Now, in Slapped by the Invisible Hand, Gorton builds upon this seminal work, explaining how the securitized-banking system, the nexus of financial markets and instruments unknown to most people, stands at the heart of the financial crisis. Gorton shows that the Panic of 2007 was not so different from the Panics of 1907 or of 1893, except that, in 2007, most people had never heard of the markets that were involved, didn't know how they worked, or what their purposes were. Terms like subprime mortgage, asset-backed commercial paper conduit, structured investment vehicle, credit derivative, securitization, or repo market were meaningless. In this superb volume, Gorton makes all of this crystal clear. He shows that the securitized banking system is, in fact, a real banking system, allowing institutional investors and firms to make enormous, short-term deposits. But as any banking system, it was vulnerable to a panic. Indeed the events starting in August 2007 can best be understood not as a retail panic involving individuals, but as a wholesale panic involving institutions, where large financial firms "ran" on other financial firms, making the system insolvent. An authority on banking panics, Gorton is the ideal person to explain the financial calamity of 2007. Indeed, as the crisis unfolded, he was working inside an institution that played a central role in the collapse. Thus, this book presents the unparalleled and invaluable perspective of a top scholar who was also a key insider.
Securitizations
Author: Patrick D. Dolan
Publisher: Law Journal Press
ISBN: 9781588520913
Category : Business & Economics
Languages : en
Pages : 1220
Book Description
Written by over two dozen experts with hands-on experience, this timely and insightful work explains the benefits--and risks--of securitization, the legal tax, accounting, and other issues involved.
Publisher: Law Journal Press
ISBN: 9781588520913
Category : Business & Economics
Languages : en
Pages : 1220
Book Description
Written by over two dozen experts with hands-on experience, this timely and insightful work explains the benefits--and risks--of securitization, the legal tax, accounting, and other issues involved.
Securities Market Issues for the 21st Century
Author: Merritt B. Fox
Publisher:
ISBN: 9781982966850
Category : Securities
Languages : en
Pages : 476
Book Description
Publisher:
ISBN: 9781982966850
Category : Securities
Languages : en
Pages : 476
Book Description
U.S. Regulation of the International Securities and Derivatives Markets
Author:
Publisher: Aspen Law & Business Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 254
Book Description
Publisher: Aspen Law & Business Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 254
Book Description
International Convergence of Capital Measurement and Capital Standards
Author:
Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294
Book Description
Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294
Book Description
Investment Company Act Release
Author: United States. Securities and Exchange Commission
Publisher:
ISBN:
Category : Mutual funds
Languages : en
Pages : 1004
Book Description
Publisher:
ISBN:
Category : Mutual funds
Languages : en
Pages : 1004
Book Description
Securitization in India
Author: Jennifer Romero-Torres
Publisher: Asian Development Bank
ISBN: 9292579843
Category : Business & Economics
Languages : en
Pages : 130
Book Description
India needs to spend close to Rs43 trillion (about $646 billion) on infrastructure through to 2022. Such a staggering requirement cannot be met though traditional sources such as public sector bank loans. India must immediately explore and quickly ramp up financing from alternative investment sources. This report provides an overview of infrastructure financing in India, sheds light on the challenges faced by the country's banking sector, suggests an optimal mechanism for securitizing the infrastructure assets of public sector banks, and outlines a range of scenarios and factors that must be in place for this mechanism to be successfully realized.
Publisher: Asian Development Bank
ISBN: 9292579843
Category : Business & Economics
Languages : en
Pages : 130
Book Description
India needs to spend close to Rs43 trillion (about $646 billion) on infrastructure through to 2022. Such a staggering requirement cannot be met though traditional sources such as public sector bank loans. India must immediately explore and quickly ramp up financing from alternative investment sources. This report provides an overview of infrastructure financing in India, sheds light on the challenges faced by the country's banking sector, suggests an optimal mechanism for securitizing the infrastructure assets of public sector banks, and outlines a range of scenarios and factors that must be in place for this mechanism to be successfully realized.