Known as collateralized loan obligations, their aim is actually to reduce risk
How a localized flood may result in fewer loans to a far-off community
An unusual data trove from Greece’s economic collapse reveals the practice
Syndicate voting rules reflect varying levels of trust and familiarity
Lenders financed expansion in some markets, offsetting problems in others
Even before Dodd-Frank rules, the costs were significant
Small firms in Peru shop nationwide for cheap credit, but loyalty runs two ways
Some lenders’ balance sheets are less affected by a rising federal funds rate
Though defaults are low, rates on credit card loan-backed notes are high
Companies hide from shareholders information about loans — more than likely to appease banks
A review of academic research finds the path to saving more and spending less often involves emotional prompts
Those who keep finances separate are likelier to split up, be less satisfied with their relationship
Data back to 1870 show similarities in the worst banking system shocks — focusing on loose lending before a meltdown
Tyler Muir finds that neither war nor deep recession darkens investor sentiment like sudden turmoil in the financial system
Sebastian Edwards finds Keynes’ public take-down of Roosevelt’s gold policies still relevant today
Researchers’ model could quantify the risks in the growing movement to ease up on Dodd-Frank regulations