Skip to main content
Download PDF
- Main
The Application of Monoline Insurance Principles to the Reregulation of Investment Banks and the GSEs
Abstract
The financial distress of investment banks and the GSEs (government sponsored enterprises, namely Fannie Mae and Freddie Mac) has received intense focus recently in both financial markets and regulatory circles. As a result, there is a consensus that new methods of regulation are necessary to minimize the likelihood of future governmental bailouts. This paper explores the benefits of reregulating the investment banks and the GSEs by applying the monoline principles that have been long established in regulating catastrophe insurance firms.
Main Content
For improved accessibility of PDF content, download the file to your device.
Enter the password to open this PDF file:
File name:
-
File size:
-
Title:
-
Author:
-
Subject:
-
Keywords:
-
Creation Date:
-
Modification Date:
-
Creator:
-
PDF Producer:
-
PDF Version:
-
Page Count:
-
Page Size:
-
Fast Web View:
-
Preparing document for printing…
0%