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Detail
ArtikelAdjusting Banking Regulation For Economic Cycle  
Oleh: The Economist (Editor)
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 387 no. 8577 (Apr. 2008), page 16.
Topik: Economic Cycle; Regulating; Banking; Mortgage Markets
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.48
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelBankers have a bad habit of making economic cycles worse. They are notorious for lending people umbrellas when the sun is shining and asking for them back when rain starts to fall. When the ecoonomy is strong and asset prices are rising, banks are only too eager to lend to those wanting to buy assets, helping push prices higher. In bad times, when prices are failing, banks ask for their loans back, forcing the borrowers to sell assets and driving prices down further. Right now, banks are desperately plastering over the cracks in their balance sheets created by the credit crunch.
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