Canadian Money Forum banner
1 - 6 of 6 Posts

· Registered
Joined
·
222 Posts
From here,

On Monday the FSB insisted the list was fictitious, saying in a statement that it “does not have a 'systemic risk list.’”

In fact, it’s impossible to make such a list “because systemic importance is situation specific, as this crisis has shown,” the organization said, referring to a recent report making the case for this view.
 

· Registered
Joined
·
3,197 Posts
This article is highly ambiguous, if not self-contradictory. It states "The list, which is not public,..." but then goes on to publish a list of 30 companies. It is also not clear if this particular list (wherever it came from) is of companies known to be at risk, or just a broad spectrum of companies selected for participation in their risk assessment exercise. (You would want to have both good and bad companies in the latter case, to test the methodolgy.) Given the presence of RBC, and the robustness of the Cdn Banks, i doubt that this is a list of those institutions known to be at risk.
 
1 - 6 of 6 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top