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20 août 2019
- doi: 10.4000/books.editionscnrs.12468
- isbn: 9782271077448
- eisbn: 9782271122223
https://www.openedition.org/12554 , info:eu-repo/semantics/openAccess
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politique économie Pacifique economics Pacific politics Asian Studies Political Science POL054000 JPASujets proches
Scrip Investment securities Securities law Capitalization (Finance) Blue sky laws Securities--Law and legislation Portfolio Underwriting Political thought Government Political theory Civil government Commonwealth, The Science, Political Administration PoliticsCiter ce document
Natacha Aveline, « Securitisation: a danger for Asia », CNRS Éditions, ID : 10.4000/books.editionscnrs.12468
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October 2008 Practically unknown to the general public before the “subprime mortgage” crisis, securitisation has become part of today’s media’s vocabulary. This technique, which involves transforming loan portfolios or real assets into securities (shares or bonds) available for any type of investor, is in fact the cause of the most serious financial crisis in history since the 1930s. Already, around 1,000 billion US dollars have disappeared after the decrease in the securities’ value, a sum m...