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Quote by Paul Halpern

“So why didn't ABCP investors -- at least the large institutional investors -- have a better grasp of the uncertain nature of market disruption triggers as defined under Canadian-style liquidity? Probably because the contracts were not available for review to investors wishing to purchase ABCP -- yet another example of the lack of transparency surrounding the distribution and sale of this product.”

Quote by Paul Halpern

Book:Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis
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Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis

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Paul Halpern

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