Summer 2007

Risky Business

Have recent innovations in credit markets made the financial system safer or riskier?
By Vanessa Sumo

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Related Links

Hildebrand, Philipp M. "Hedge funds and prime broker dealers: steps towards a 'best practice proposal.'" Banque de France Financial Stability Review—Special issue on hedge funds, April 2007, no.10, pp. 67-76.

The International Monetary Fund. Global Financial Stability Report, April 2006.

The Report of the Counterparty Risk Management Policy Group II. "Toward Greater Financial Stability: A Private Sector Perspective." July 27, 2005.

Mengle, David. "Credit Derivatives: An Overview." Presented at the Federal Reserve Bank of Atlanta Financial Markets Conference, May 15, 2007.

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