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Operation of Hedge Funds & Their Role in the Financial System: Hearing Before the Committee on Banking & Financial Services, U.S. House of Representatives
Operation of Hedge Funds & Their Role in the Financial System: Hearing Before the Committee on Banking & Financial Services, U.S. House of Representatives
 
Our Price: $35.00
Year: 1999
Pages: 141
Binding Paperback


Product Code: 0756700361

Description
 
Richard H. Baker (ed). Hearing on the circumstances following the failure of Long-Term Capital Management Co. & the potential for broad market losses, perhaps, systemic risks. The event prompted intercession by the Fed. Reserve Bank of N.Y. (FRBNY) & a subsequent $3.6 bil. capital injection by a consortia of U.S. banks. Witnesses: Brooksley Born, Commodity Futures Trading Comm.; E. Gerald Corrigan, Goldman Sachs, & The Counterparty Risk Mgmt. Policy Group (CRMPG); William  McDonough, FRBNY; Leon Metzger, Paloma Partners; Ernest Patrikis, Amer. Internat. Group Inc.; Lee Sachs, U.S. Treasury Dept.; & Stephen Thieke, J. P. Morgan, & CRMPG.

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