Daily Archives for May 4, 2008
Concepts and Measurement of Risk – Article by Borio, Furfine, Lowe
Claudio Borio, Craig Furfine and Philip Lowe discuss concepts of risks in their article “Pro-cyclicality of the financial system and financial stability: issues and policy options“: They distinguish several types of risk: expected and unexpected losses (in the statistical sense) … Continue reading
Subprime Losses
This table summarizes the losses by banks and securities firms as a result of the subprime crisis. Source: Bloomberg. If you are faced with a question on how to rank the losses resulting of the subprime crisis (see video here, … Continue reading