Capa do livro de Weathering the Storm
Título do livro:

Weathering the Storm

A case study of commercial bank solvency during a global financial crisis

LAP LAMBERT Academic Publishing (2012-11-09 )

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ISBN- 1 3:

978-3-659-26234-0

ISBN- 1 0:
365926234X
EAN:
9783659262340
Idioma do livro:
Inglês
Anotações e citações/ texto breve:
Summary of Book Content This book examines how a rural commercial bank managed its business and remained solvent through the most recent global financial crisis. The crisis, which began in mid-September 2008, was thought by some to have been caused by the U.S. sub-prime mortgage industry collapse. When it was finally discovered that many of these mortgages had little or no value, the crisis began. This crisis caused a credit freeze and precipitated a chain of events that affected most organizations in the United States. Because of the size and scope of this problem, the U.S. federal government intervened and offered funding to select institutions in an effort to restore business credit and consumer confidence. Many financial institutions were greatly affected by this event, and in some cases fell into bankruptcy. A good number of institutions accepted this federal aid, but others did not. This book focuses on an individual case of a rural commercial bank that did not accept TARP federal funding and weathered the global financial storm.
Editora:
LAP LAMBERT Academic Publishing
Website:
https://www.lap-publishing.com/
Por (autor):
Daniel Kozyro
Número de páginas:
176
Publicado em:
2012-11-09
Stock:
Disponível
Categoria:
Economia
Preço:
68 €
Palavras chave:
commercial banking, banking, commercial bank solvency

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