Abstract

  


 



Who’s on the Hook for Europe’s Losses, and for How Much?


Edward J. Kane


Boston College - Department of Finance; National Bureau of Economic Research (NBER)
June 8, 2012

American Banker, June 2012

Abstract:     
Banks and governments have not been required to account for the way in which, when important firms fall deeper into distress, implicit and explicit taxpayer guarantees absorb much of the markdowns that would otherwise have to occur.

Number of Pages in PDF File: 3

Keywords: bank crisis, European Central bank, zombie bank

JEL Classification: G21, G28

Accepted Paper Series


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Date posted: June 16, 2012  

Suggested Citation

Kane, Edward J., Who’s on the Hook for Europe’s Losses, and for How Much? (June 8, 2012). American Banker, June 2012. Available at SSRN: http://ssrn.com/abstract=2084969

Contact Information

Edward J. Kane (Contact Author)
Boston College - Department of Finance ( email )
Fulton Hall
Chestnut Hill, MA 02467
United States
520-299-5066 (Phone)
617-552-0431 (Fax)
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Feedback to SSRN (Beta)


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