ABCP Crisis in Canada 1. A summary of what happened 2. What are the triggers or causes? 3. Who was/were the regulators? 4. How effective was/were it/they?

Summary of What Happened
Summary of What Happened
From the above slide we can see that the start of the fall was the fall of the US mortgage collapse. This lead to the investors in US to question the value of assets backing the commercial papers. The lack of transparency in disclosing the assets, investors stopped buying in ABCP and that led to the crash.
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What...