Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Because bank funding markets are global and have at times broken down, disrupting the provision of credit to households and businesses in the United States and other countries, the Federal Reserve has entered into agreements to establish central bank liquidity swap lines with a number of foreign central banks. Two types of swap lines were established: dollar liquidity lines and foreign-currency liquidity lines. The swap lines are designed to improve liquidity conditions in dollar funding markets in the United States and abroad by providing foreign central banks with the capacity to deliver U.S. dollar funding to institutions in their jurisdictions during times of market stress. Likewise, the swap lines provide the Federal Reserve with the capacity to offer liquidity in foreign currencies to U.S. financial institutions should the Federal Reserve judge that such actions are appropriate. These arrangements have helped to ease strains in financial markets and mitigate their effects on economic conditions.1.The swap lines support financial stability and serve as a prudent liquidity backstop.TrueFalse2.Prior to its failure Washington Mutual Bank was not required to maintain certain minimum capital ratios. Regulators were entirely focused on the liquidity conditions of banks.TrueFalse3.It is not possible for a bank to be solvent but illiquid.TrueFalse4.When WAMU failed the investors who had purchased MBS backed by mortgages originated by WAMU lost all their investment in these MBS because the MBS were unsecured liabilities of WAMU.TrueFalse5.In 2007 Washington Mutual Inc. was unable to raise tier 1 capital. This was because its subsidiary Washington Mutual Bank was already insolvent by the fourth quarter of 2006.TrueFalse6.According to the FCIC report WaMu was forced to write off $1.9 billion for the fourth quarter of 2007 and another $1.1 billion in the first quarter of 2008, mostly related to its portfolio of option ARMs. These write-offs reduced the bank’s capital levels.TrueFalse7.Subprime assets lost value rapidly between 2007 and 2009. This lowered the value of banks that had exposure to these assets and financial institutions that had exposure to banks that were exposed to subprime risk. Since the assets were hard to value they were not acceptable as collateral. This made banks illiquid and this scared away the suppliers of bank capital. A liquidity crisis turned into a credit crisis for many financial institutions such as WAMU, Wachovia, Lehman and others.TrueFalse8.The amount of funds supplied by money market funds via repo transactions to Lehman Brothers dropped dramatically between 3/7/2008.TrueFalse9.When the value of a bank assets declines this reduces the bank’s capital levels. This makes the bank’s debt riskier. This increases the bank’s cost of equity.TrueFalse10.The Federal Reserve’s balance sheet included more than $15 billion worth of asset denominated in foreign currencies as of April 30th 2013.FalseTrue.11.According to the Financial Crisis Inquiry Report (FCIC) WAMU mortgage brokers originated option ARMS without understanding the implications these mortgage instruments had on the solvency of the borrowers. Both brokers and households were being duped by the investment bankers in New York.TrueFalse12.Fidelity money market funds were lending over $10 billion to Lehman Brothers as of 9/5/2008.TrueFalse13.In September of 2008, the FDIC paid JP Morgan Chase to purchase all of the assets of and assume all of the liabilities of Washington Mutual Bank. This was an outright bailout of a private company by the FDIC. What makes this more problematic is that uninsured creditors were compensated by the FDIC.TrueFalse14.WAMU managers knew that option ARMS were high risk assets so they sold all of the option ARMS they originated via securitization transactions. They did not own Option ARMS in the fall of 2008.TrueFalse15.The Board of Governors of Federal Reserve objected to Citigroup’s capital plan in its 2014 Comprehensive Capital Analysis Review because Cititgroup had excessive exposure to the debt of Greece and other European countries that were in fiscal difficulty.TrueFalse
A report of a newly identified syndrome in families of the Old Order Amish showed that the lethal condition that resulted from numerous, multisystem abnormalities is inherited as an autosomal recessive. SNP-based mapping showed that a portion of a re..
First it was common market then it became the European Union members opened their borders, dropped their tarriffs and even adopted a unified currency. What is it about economi treaties and what makes them different from non economic treaties?
Discuss each prevention measure, including an explanation of why it is classified as primary, secondary, or tertiary.
We require to do 10-14 PowerPoint. It has to be on Freedom of speech controversy in Social Media. These are the questions we have to cover. The issue itself and why it caused controversy.
Organisational structure is a formal system that separates and intergrates work related tasks and separation of tasks makes clear who should do what and intergration of tasks indicates how efforts should be meshed and managed.
Can an organization's effectiveness ever be evaluated in absolute terms? Or must we always state effectiveness criteria in relative terms? Explain and give two specific examples to support your argument.
Explain how Logistics Information System can be used to strengthen the weakness of Supply Chain, Improve Operating Efficiency, Reduce Operating Costs and establish quick response strategies.
Address how your plan may be adjusted to fit your changing nutritional needs as a result of age, pregnancy (if applicable), or changes in physical capabilities.
question 1autism spectrum disorders are severe developmental disorders. autism touches every aspect of the childs
Read through the Proofs for the Existence of God carefully. Do any of them convince you? If the answer is no (and it usually is), then what purpose do you think those proofs serve?
Empowered delegation can produce all dimensions of empowerment, including a sense of competence, choice, impact, value, and security. Empowerment and delegation must be linked in the assignment of work.
Explain how routine measurements and observations can be used to aid in the diagnosis of conditions/illnesses in the human body.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd