Borio, Claudio E. V. - Bank für Internationalen Zahlungsausgleich <Basel> - 2008
policies, business models and risk management practices. Regardless of its future evolution, it already threatens to become one … turmoil is best seen as a natural result of a prolonged period of generalised and aggressive risk-taking, which happened to … dislocations associated with new credit risk transfer instruments, are arguably symptoms of more fundamental common causes. The …