Subordinated Debt : A Potential Tool for Greater Market Discipline of the Financial System.

Summarizes and evaluates proposal to require financial firms to issue subordinated debt, which offer less security than other debt classes in case of default. Discusses economics of financial regulation, how subordinated debt may aid regulators, and potential implications and shortcomings of the pro...

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Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2000.
Series:	U.S. Congressional Research.
Subjects:	Financial institutions. Finance > Law and legislation. Electronic books.
Online Access:	Connect to the full text of this electronic book