Reintermediation and emergency redemption (re-intermediation)

Banks take over non-performing securities issued by themselves or by related special purpose entities. Often, this is not done out of contractual obligation in the course of a re-transfer clause, but – as often happened with asset-backed securities in the wake of the subprime crisis in 2007 – in order to preserve the reputation of the institution. – See collateral crisis, paper, toxic, risk profile, structured investment vehicle, support, tacit, securitization, loss absorption, waterfall principle, special purpose vehicle.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/