We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Breaking the buck

14 August 2007

The market for Canadian assetbacked commercial paper is in turmoil after banks declined to provide emergency funding. But the banks should provide liquidity regardless of their legal position. If they don t the credit crunch could get much worse.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)