Testimony before the U.S. House of Representatives Committee on Financial Services, October 2, 2007, regarding 'Systemic Risk: Examining Regulators' Ability to Respond to Threats to the Financial System'
27 Pages Posted: 5 Oct 2007 Last revised: 21 Nov 2007
Date Written: October 4, 2007
This testimony is based on the results of Prof. Schwarcz's research over the past year on systemic risk, such research and results being more fully set forth in the forthcoming paper, "Systemic Risk," which is available at http://papers.ssrn.com/abstract=1008326.
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