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

American Banker, June 2012

3 Pages Posted: 16 Jun 2012

See all articles by Edward J. Kane

Edward J. Kane

Boston College - Department of Finance; National Bureau of Economic Research (NBER)

Date Written: June 8, 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.

Keywords: bank crisis, European Central bank, zombie bank

JEL Classification: G21, G28

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: https://ssrn.com/abstract=2084969

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

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
39
Abstract Views
482
PlumX Metrics