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WS PROFESSIONAL

Brazen : Big Banks, Swap Mania and the Fallout

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Product Code: 9789813275560
ISBN13: 9789813275560
Condition: New
$104.76

Brazen : Big Banks, Swap Mania and the Fallout

$104.76
 
Following the 2008 Financial Crisis, news broke that big banks in the US were collecting hundreds of billions of dollars from non-profit parties. These enormous sums represented annual settlement and termination payments for bilateral contracts known as Interest Rate Swaps (IRSs). Starting in the late 1990s, big banks targeted non-profits for massive sales of all types of such contracts. Non-profits ended up being perennial losers, eventually owing enormous sums of money to the banks for nothing received.


Author: A. Rashad Abdel-Khalik
Publisher: Ws Professional
Publication Date: Apr 16, 2019
Number of Pages: NA pages
Language: English
Binding: Hardcover
ISBN-10: 9813275561
ISBN-13: 9789813275560
 

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