CDOs / St. Louis Review / Low-Grade Bond Funds / REFERENCES Bank / Securitized Banking / Oxford University Press / Lehman Brothers / New York Stock Exchange / Bloomberg / Reuters / /
Country
United States / United Kingdom / /
Currency
USD / /
Event
Bankruptcy / /
Facility
University of Chicago Press / University of Chicago / Yale University / /
IndustryTerm
bank clearinghouses / local newspapers / bank panics / bank notes / finance / bank-specific information / deposit insurance make bank / food / bank run / bank defaulting / periodic banking panics / bank / dealer bank / individual banks / bank system / banking / bank panic / deposit insurance / individual bank / /
Organization
Committee on the Global Financial System / Food and Drug Administration / Cornell / Securities Industry and Financial Markets Association / National Bureau of Economic Research / Federal Reserve Bank / Yale School of Management / Yale University / federal government / University of Chicago Press / University of Chicago / US Federal Reserve / Board of Governors / Millstein Center for Corporate Governance / Joint Economic Committee / International Center for Finance / Cornell / Bradford / Oxford University / FDIC / /
Person
Andrew Metrick / Lei Xie / Blume / Haircuts Gary Gorton / Edwin Seligman / Charles / Roger Ibbotson / Gary Gorton / David Andolfatto / Schroeder / /
Position
Professor of Corporate Governance / and faculty director / research associate / Professor of Management and Finance / author / dean for faculty development / King / representative / trader / dealer / Marshall / /
ProvinceOrState
Wyoming / /
PublishedMedium
Journal of Finance / Journal of Financial Economics / /
Haircuts Gary Gorton and Andrew Metrick “When confidence is lost, liquidity dries up.” The authors investigate the meaning of “confidence” and “liquidity” in the context of the recent financial crisis, which