Financial Crisis? : The Liquidity Crunch of August 2007.

Describes major events preceding and during the Aug. 2007 liquidity crunch experienced by many financial firms and securities, in which mortgage-backed collateralized debt obligations became illiquid. Analyzes causes, progress, and broad policy issues raised by this liquidity crunch.

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], 2007.
Series:	U.S. Congressional Research.
Subjects:	Financial institutions. Mortgages. Securities. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Describes major events preceding and during the Aug. 2007 liquidity crunch experienced by many financial firms and securities, in which mortgage-backed collateralized debt obligations became illiquid. Analyzes causes, progress, and broad policy issues raised by this liquidity crunch.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.