The new edition of this annual publication offers highly innovative articles by recognized national experts on contemporary economic and public policy issues. The pieces selected for publication in this year's issue reveal in-depth, original research on gold pricing during the Depression, the Federal Reserve's program for managing pressures on short-term funding markets, executive compensation, and the impact of shifts in punishment policy on prison incarceration rates.However, foreign banks were not the only banks exposed to ABS CDOs. ... 2008, Citigroup had written down $34.1 billion as a result of exposure to ABS CDOs, followed by Merrill Lynch ($26.1 billion) and Bank of America ($9.1 billion).
|Title||:||Cato Papers on Public Policy, Volume 13|
|Author||:||Jeffrey A. Miron|
|Publisher||:||Cato Institute - 2012-01-29|