Ungureanu, Maria Cristina; Cocris, Vasile - In: Analele Stiintifice ale Universitatii "Alexandru Ioan … 55 (2008) November, pp. 154-162
The global market liquidity squeeze for securities that initiated in 2007 has increased pressure among banks to sell, pushed down prices, and impacted the market for interbank loans, leading to a funding gap at Northern Rock, Britain’s fifth largest mortgage bank. This paper presents an...