Silverbird
08-06-2008, 02:44 PM
Financial Times
By Aline van Duyn in New York
Published: August 6 2008 16:39 | Last updated: August 6 2008 16:39
The world’s largest banks are proposing dramatic revisions to the securitisation and derivatives industries, which will bring large swathes of these markets into regulators’ sights and could limit the size of the future investor base for complex financial products.
The proposals are the result of a study of the financial crisis, headed by Gerald Corrigan, former head of the Federal Reserve Bank of New York and managing director at Goldman Sachs, and published on Wednesday.....
http://www.ft.com/cms/s/0/94dc3528-63c6-11dd-844f-0000779fd18c.html
By Aline van Duyn in New York
Published: August 6 2008 16:39 | Last updated: August 6 2008 16:39
The world’s largest banks are proposing dramatic revisions to the securitisation and derivatives industries, which will bring large swathes of these markets into regulators’ sights and could limit the size of the future investor base for complex financial products.
The proposals are the result of a study of the financial crisis, headed by Gerald Corrigan, former head of the Federal Reserve Bank of New York and managing director at Goldman Sachs, and published on Wednesday.....
http://www.ft.com/cms/s/0/94dc3528-63c6-11dd-844f-0000779fd18c.html