don t regulate money market funds as banks

... in institutional money market funds If regulators ultimately determine that money market funds pose a systemic risk due to the funds' susceptibility to runs, the advantage of the redemption fee ... of the SPVs' senior debt tranche The reason for the higher-than-expected default rate is not critical to this article Instead, what is important is that the SPVs were issuers that turned out to ... alternative interpretation is offered here Rather than attributing the systemic risk engendered by money market funds susceptibility to runs to the structure of money market funds, the systemic risk could...

Ngày tải lên: 07/03/2014, 16:20

... important potential transmission channel to the United States A good example of this potential risk is the exposure that many money market funds had to Dexia, a bank that required the support of the ... I must conclude that reforms enacted to date not seem to sufficiently limit money market funds ability to assume excessive credit risks A money market fund with a fixed net asset value set by ... potential negatives to a floating rate NAV First, it transforms the product from a near-substitute for bank deposits into an asset with a fluctuating price Those fluctuations in price, and the taxable...

Ngày tải lên: 19/02/2014, 14:20

... Inc Western Asset Institutional Money Market Fund / Legg Mason Partners Institutional Trust Western Asset Money Market Fund / Legg Mason Partners Money Market Trust Western Asset Money Market Fund ... S000004504 Active Assets Institutional Money Trust / Active Assets Institutional Money Trust Active Assets Money Trust / Active Assets Money Trust BNY Hamilton Money Fund / BNY Hamilton Funds, Inc ... S000016622 Active Assets Institutional Money Trust / Active Assets Institutional Money Trust Active Assets Money Trust / Active Assets Money Trust BNY Hamilton Money Fund / BNY Hamilton Funds, Inc...

Ngày tải lên: 19/02/2014, 15:20

... international money markets This paper tests some of the theoretical explanations that have been put forward for these findings In the first stage of the analysis, estimates of the interest rate elasticity ... different days of the averaging period as perfect substitutes This theory has two strong testable implications First, the overnight interbank interest rate, typically used by most modern central banks ... day t, bt be the amount lent (bt>0) or borrowed in the interbank market during day t Further, let it be the overnight interest rate The bank is subject to an end-of-day liquidity shock t ( t >0...

Ngày tải lên: 15/03/2014, 01:20

... nothing to with the downturn The misguided attack on short selling, perhaps the most intricately interconnected piece of our markets, has turned into a distraction Last fall as Lehman stood on the ... better credit of the republic, there was a natural negative reaction to the move So, at the formation of the nation’s credit standing, Hamilton made sure that contracts were honored and that the ... often bristled with fear over the concentration of wealth and the powers allotted to those who control it For the last three quarters of a century—and up through the writing of this book—short...

Ngày tải lên: 03/11/2014, 18:31

... day's notice?” “Actually it wasn t even that much time as that contract ended on a moment's notice and I mean that literally We were told the contract wouldn 't be renewed and ten minutes later we ... on the song, ‘Funky’ The strip steaks were sizzling so we sat down to indulge The taste was even better than the aroma while they were on the grill We didn 't let the last two days' events interrupt ... same thing to a politician but her untimely death prevented it? I turned on the television to see what else was happening and saw that the stock market gained a whopping two points while the NASDAQ...

Ngày tải lên: 06/11/2012, 17:32

... link to order products, just a link that lists the products I go to the product list page I see a button that tells me to click it to order their products I click the button They don t sell my item, ... page? Why did they call it that? The last thing you need is another checklist to add to your stack of Web design checklists The most important thing you can is to just understand the basic principle ... know that a phrase in very large type is usually a headline that summarizes a story underneath it, and that text underneath a picture is a caption that tells me what it’s a picture of All conventions...

Ngày tải lên: 06/03/2013, 09:03

... dissatisfaction is different, 14 experiential content items correlated significantly with the correct emotion, and not with the other emotion That is, all experiential content items that were intended ... emotion states Instead of asking participants about, for example, the thoughts they believe to be associated with anger, we asked them to report the thoughts they had when they were angry Participants ... definitions of satisfaction and dissatisfaction reflect the distinct views of the two main theoretical traditions in conceptualizing satisfaction and dissatisfaction: either as a judgment that is the...

Ngày tải lên: 30/08/2013, 09:09

... (Tienganh.com.vn) ...

Ngày tải lên: 16/09/2013, 12:10

Ngày tải lên: 16/09/2013, 14:10

Ngày tải lên: 20/09/2013, 01:10

Ngày tải lên: 06/10/2013, 17:28

Ngày tải lên: 25/10/2013, 19:20

... before the previous one was sent The memorandum presently at the current time being held by the appropriate personnel should be combined with the previous one to call attention to the fact that the ... qualities to people on the basis of their gender It reflects prejudiced attitudes and stereotypical thinking about the roles of the two sexes and traits of both men and women As a result, sexist language ... Doublespeak pretends to communicate but really doesn 't It is language that makes the bad seem good, the negative appear positive, the unpleasant become pleasant It shifts responsibility and deliberately...

Ngày tải lên: 01/11/2013, 16:20

... all the steps it takes to get there But notice that this clear picture and order don t come out all at once You have to take it one step at a time, just as if you were following the directions to ... picture or outline Read the relevant part of the text Don t try to re-read the whole chapter or go over the whole lecture; you’re just looking for one little piece of information, the answer to ... answer Use the parts of your picture or outline that are clear to help you see where in the text you should look for the answer Look in the sections of your text that come right after the last clear...

Ngày tải lên: 02/11/2013, 18:20

... was no one in the house to hear the awful sound of his violin About author Hans Anderson  2007-Present: Lecturer at FPT Greenwich Programmes, FPT University  2007: M.S., Computational Mathematics, ... Don' t say "besides" “Besides” is informal English Instead of: Besides his deaf aunt, there was no one in the house to hear the awful sound of his violin Write: Aside from his deaf aunt, there ... FPT University  2007: M.S., Computational Mathematics, University of Minnesota  2001: B.A., Computer Science, Gustavus Adolphus College, Saint Peter, MN ...

Ngày tải lên: 13/12/2013, 10:15

... C++, etc If it’s not important to tell the reader which languages the writer knows then it’s better to write this way: I am familiar with several programming languages If the writer wants the reader ... Java, C++, etc Can you guess what other languages the writer knows? Does he know C#? Unless the reader knows the author, he can not know what “etc.” means in this sentence What if the list is very ... 2007-Present: Lecturer at FPT Greenwich Programmes, FPT University 2007: M.S., Computational Mathematics, University of Minnesota 2001: B.A., Computer Science, Gustavus Adolphus College, Saint Peter,...

Ngày tải lên: 13/12/2013, 10:15

Ngày tải lên: 05/01/2014, 14:06

... you quote this? “A Gantt chart is a type of bar chart that illustrates a project schedule. Gantt charts  illustrate the start and finish dates of the terminal elements and summary elements of  ... a project. Terminal elements and summary elements comprise the work breakdown  structure of the project.” -Wikipedia Should you quote this? “A Gantt chart is a type of bar chart that illustrates a project schedule. Gantt charts  ... chart is a type of bar chart that illustrates a project schedule. Gantt charts  illustrate the start and finish dates of the terminal elements and summary elements of  a project. Terminal elements and summary elements comprise the work breakdown ...

Ngày tải lên: 20/01/2014, 06:20

... discussed, the buyer said, "That's more than the software cost!" The problem was that the buyer saw the decision as connected to license fees, rather than productivity and utilization Do not succumb to ... Is that what you were expecting?" Understand the value of a 100% assured outcome Many times, you get the opportunity to acquire a new client because a competitor has failed This means that the ... that the buyer has paid a price in the past and failed to achieve the desired outcome This actually provides a context: the cost of failing You now need to determine how the customer would value...

Ngày tải lên: 06/02/2014, 17:14