Region Focus

Summer 2007

Risky Business

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

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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