Abstract

Don't Let Banks Play the Market
Gold, Herman | July 30, 1988 issue

add to cart   close window

The article discusses the emerging role of banks in securities trading. Until recent years banks were relatively uninterested in securities trading and corporate underwriting, but they are now racing to get into the action. The reason for the rush is a trend usually referred to as "securitization," which has brought about a change in the way credit is pumped through the body economic. In its narrow definition, securitization means pooling debt to be sold as a security-mortgages, for instance, are pooled and sold to pension funds rather than held by banks.

See Also:

BANKS & banking; SECURITIES trading; MORTGAGES; SECURITIES industry; PENSION trusts; INVESTMENT pools
ARCHIVE HOME
Pricing
Articles are sold in 'packs,' which are priced as follows:

1 for 2.95
4 for 9.95
10 for 19.95
50 for 34.95
300 for 149.95
Refund Policy
Sales of archive individual articles, full issues or article packs are final and no refunds will be issued.
Access for libraries
help
Search
Browse
Sample Article

In Your Cart

Your cart is empty.

My Articles

You must be logged in to view your articles.

User name

Password

I don't have a login.

I forgot my user name/password.
Advertisement
Advertisement

Blogs

» The Beat

Another Helping of FDR Please | Obama should follow the New Deal president's example and make his Thanksgiving Proclamation a call for economic justice.
John Nichols
11 Comments
Posted at 0:24 ET

» Editor's Cut

Filibuster Follies | "The filibuster has become a cancer growing inside the world's greatest deliberative body."
Katrina vanden Heuvel
70 Comments

» The Notion

Bad Black Mothers | For African American women, reproduction has never been an entirely private matter.
Melissa Harris-Lacewell
88 Comments

» Act Now!

Coal Country | Stunning film reveals new dimensions to the cost of America's over-reliance on coal.
Peter Rothberg
103 Comments

» The Dreyfuss Report

A Kingdom of Bicycles No Longer | China's ambassador for climate change speaks on the eve of the Copenhagen summit meeting.
Robert Dreyfuss
57 Comments