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Essay

Global Affairs

Essay specific features

 

Issue:

Business

 

Written by:

Christine H

 

Date added:

December 10, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 440

 

Was viewed:

9617 times

 

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Essay content:

Banks are afraid to lend money to other banks, fearful of which counterparty might have toxic mortgages or big CDS obligations on their books, thus undermining their survival prospects and ability to repay. LIBOR The word “Libor” means nothing to most people, but it’s at the very heart of the credit crisis and will have a direct impact on global commodity and stock markets, if credit markets remain ice cold...
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Banks are afraid to lend money to other banks, fearful of which counterparty might have toxic mortgages or big CDS obligations on their books, thus undermining their survival prospects and ability to repay. LIBOR The word “Libor” means nothing to most people, but it’s at the very heart of the credit crisis and will have a direct impact on global commodity and stock markets, if credit markets remain ice cold...
displayed 300 characters

General issues of this essay:
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