Single Master Liquidity Conduit
Fund to be set up by internationally active banks with the intention of buying asset-backed securities of good credit standing from special purpose entities in financial distress in order to cushion any price collapse on this sub-market. Opinions differ on the advantages and disadvantages of such a planned fund. – See moral hazard, reintermediation, backstop effect, risk-taking rule, securitization structure.
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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/
