A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
Thursday, May 28, 2009
Loss contingent capital structure?
An interesting idea here on how bank's capital structure (the amount of debt and equity that they have) should be determined. When the credit default swaps on the banks debt are above a certain level, the bank should be forced to de-lever (i.e. sell equity and buy debt).
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What's going on with inflation?
I recently posted an article on the Poole College Thought Leadership page titled: " What's going on with inflation?" . This w...
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Real options are common in business - they represent the value of being able to choose to do something in the future. An example of a real ...
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Fama and French answer the age old question: do high beta stocks outperform low beta stock s? Their answer is yes, but not by as much as t...
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