Joint Association (ISDA, BBA and GFMA) Response to Basel Committee’s Resilience (BCBS 164) and Liquidity Framework (BCBS 165) proposals

Documents (1) for Joint Association (ISDA, BBA and GFMA) Response to Basel Committee’s Resilience (BCBS 164) and Liquidity Framework (BCBS 165) proposals

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...