Dexa/Russ Roberts

Short Term Trading

Arnold explains the importance of the repo market in short term trading and the need for low credit risk. He discusses how Bear Stearns faced challenges due to increasing skepticism about the value of its mortgage-backed securities.

In this clip
From this podcast
EconTalk
Arnold Kling on Credit Default Swaps, Counterparty Risk, and the Political Economy of Financial Regulation
Related Questions
- What happened to Bear Stearns?
- Are there any risks in securities lending?