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

Description
Summary:	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 proposal.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.