Lessons Learned: Lorie Logan,
2020
Yale University
Lessons Learned: Lorie Logan, Mercedes Cardona
Journal of Financial Crises
Lorie Logan is executive vice president in the Markets Group of the Federal Reserve Bank of New York, the System Open Market Account (SOMA) manager pro tem for the Federal Open Market Committee (FOMC), and head of Market Operations, Monitoring, and Analysis (MOMA).
The United Kingdom's Asset-Backed Securities Guarantee Scheme (U.K. Gfc),
2020
Yale School of Management
The United Kingdom's Asset-Backed Securities Guarantee Scheme (U.K. Gfc), June Rhee
Journal of Financial Crises
The key structures of housing finance in the UK in the years leading up to the global financial crisis of 2007-09 consisted of retail deposits, secondary market funding and wholesale interbank lending. Although retail deposits were the major funder of UK mortgages, secondary market funding, which included covered bonds and residential mortgage-backed securities (RMBS), accounted for 31% of UK mortgage lending in 2006. In 2007, the collapse of the U.S. subprime mortgage market triggered a financial shock, and the shock quickly traveled beyond national borders. Regardless of differences in the UK mortgage market, investors’ concern over the prospects of the …
The United Kingdom's Credit Guarantee Scheme (U.K. Gfc),
2020
Yale School of Management
The United Kingdom's Credit Guarantee Scheme (U.K. Gfc), Christian M. Mcnamara
Journal of Financial Crises
The September 15, 2008, bankruptcy of Lehman Brothers resulted in a collapse of wholesale funding markets that threatened the ability of UK financial institutions to continue funding themselves. By the end of the month, two leading UK banks—HBOS and Bradford & Bingley—had to be rescued, and there was a real risk that the entire financial system could collapse. Faced with the need to stabilize the system, UK regulators on October 8 introduced a package of measures that included a £250 billion Credit Guarantee Scheme (the Guarantee Scheme) aimed at providing banks with access to needed funding. Under the Guarantee Scheme, …
French Liquidity Support Through The Société De Financement De L’Economie (Sfef) (France Gfc),
2020
Yale School of Management
French Liquidity Support Through The Société De Financement De L’Economie (Sfef) (France Gfc), Everest Fang
Journal of Financial Crises
After the collapse of the Lehman Brothers in September 2008, financial panic and uncertainty intensified in Europe. In France, banks faced a widespread confidence crisis driven by fear that they were exposed to the US subprime market. In response, on October 13, 2008, the French government passed the “loi de finances rectificative pour le financement de I'économie.” This provided for the establishment of the Société de Financement de l’Economie Française (SFEF), a special purpose vehicle (SPV) jointly owned by the State and a group of banks and responsible for refinancing major French credit institutions. The SFEF raised funds on the …
Denmark's Guarantee Scheme (Denmark Gfc),
2020
Yale School of Management
Denmark's Guarantee Scheme (Denmark Gfc), Keni Sabath
Journal of Financial Crises
The international financial system had been experiencing challenges for almost a year before the crisis truly manifested in Denmark during the Summer of 2008 with the sudden demise of Roskilde Bank, Denmark’s eighth largest bank. As more Danish banks became distressed in the fall of 2008 after the collapse of Lehman Brothers, the government determined that it was necessary to intervene in the banking sector through actions such as taking over and winding up distressed banks, giving guarantees to back up the sector, and providing capital injections and liquidity support. This paper focuses on the two different types of guarantee …
The Canadian Lenders Assurance Facility (Canada Gfc),
2020
Yale School of Management
The Canadian Lenders Assurance Facility (Canada Gfc), Claire Simon
Journal of Financial Crises
Following a meeting of Group of Seven leaders in October 2008, the Canadian Minister of Finance announced the creation of a new Canadian Lenders Assurance Facility (CLAF). The facility enabled federally regulated deposit-taking financial institutions to access government insurance of up to three years on newly issued senior unsecured wholesale debt. This mirrored similar programs in other countries to ensure that Canadian financial institutions were not competitively disadvantaged in the wholesale debt market at a time when most developed countries were guaranteeing their banks’ debt. This competitive disadvantage never materialized, and the facility was allowed to expire on December 31, …
The Belgian Credit Guarantee Scheme (Belgium Gfc),
2020
Yale School of Management
The Belgian Credit Guarantee Scheme (Belgium Gfc), Aidan Lawson
Journal of Financial Crises
Much like other developed economies during the global financial crisis, Belgium faced substantial systemic stress to its large and heavily concentrated financial system. To combat these mounting pressures, the Belgian government launched a wide-ranging, opt-in state debt guarantee program in a concerted effort to instill confidence and stymie the fear of runs in its financial sector. The debt guarantee scheme, pursuant to which eligible institutions could issue government-guaranteed debt, was originally put into place on October 15, 2008, and retroactively covered liabilities entered into from October 9, 2008, to October 31, 2009, with a maximum maturity of three years. It …
The United Kingdom's Special Liquidity Scheme (Sls) (U.K. Gfc),
2020
Yale School of Management
The United Kingdom's Special Liquidity Scheme (Sls) (U.K. Gfc), Kaleb B. Nygaard
Journal of Financial Crises
Following the collapse of Bear Stearns Companies in early 2008, it became clear that there was no immediate prospect that the asset-backed securities (ABS) markets would start to operate as they had previously. Financial institutions relied heavily on ABS as collateral in the interbank lending market for funding and liquidity. The Bank of England (BoE) introduced the Special Liquidity Scheme (SLS) in April 2008 as a temporary measure to address the immediate liquidity problems facing the UK banking system at the time. Under the SLS, banks could exchange high-quality assets that had temporarily become illiquid for liquid UK Treasury bills. …
1970 Commercial Paper Market Liquidity Crisis (U.S. Historical),
2020
Yale School of Management
1970 Commercial Paper Market Liquidity Crisis (U.S. Historical), Kaleb B. Nygaard
Journal of Financial Crises
Penn Central Transportation Company (Penn Central), the resulting railroad company of the late 1960s merger of Pennsylvania Railroad and New York Central Railroad, filed for bankruptcy on June 21, 1970. The bankruptcy came in the middle of the 1969–70 recession and sparked a sharp downturn in the commercial paper market. The Federal Reserve did not intervene directly in the commercial paper market but rather increased funding options available to banks via the discount window and an amendment to Regulation Q. The banks then provided funds to corporations unable to acquire them from the commercial paper market. The liquidity crisis abated …
Interim Evaluation Report By The Independent Evaluator For The New Hampshire Delivery System Reform Incentive Payment (Dsrip) Program,
2020
University of Southern Maine, Catherine Cutler Institute
Interim Evaluation Report By The Independent Evaluator For The New Hampshire Delivery System Reform Incentive Payment (Dsrip) Program, Mary Lindsey Smith Phd, Deborah Thayer, Katie Rosingana Ba, Catherine Mcguire, Rachel M. Gallo Mph, Evelyn Ali, Olivia Dooley Mpa, Carolyn Gray Mph, Tom Merrill Ma, Karen Pearson Mlis, Ma,, Mark Richards Bs
Substance Use Research & Evaluation
Delivery System Reform Incentive Payment (DSRIP) programs are part of the broader Center for Medicare & Medicaid Services (CMS) Section 1115 Waiver programs and provide states with significant funding to support system transformation efforts. CMS approved New Hampshire’s five-year Building Capacity for Transformation Section 1115(a) Medicaid Demonstration Waiver in 2015. The overall goal of the DSRIP Demonstration is to improve the care for New Hampshire’s Medicaid Beneficiaries with behavioral health disorders by addressing workforce and infrastructure shortages, improving care transitions, and integrating physical and behavioral health.
It Is Time To Get Back To Basics On The Border,
2020
St. Mary's University
It Is Time To Get Back To Basics On The Border, Donna Coltharp
The Scholar: St. Mary's Law Review on Race and Social Justice
Abstract forthcoming.
Primary Prevention And The Socioecological Model: An Integrated, Preventative Approach To Combat Sexual Violence,
2020
Gettysburg College
Primary Prevention And The Socioecological Model: An Integrated, Preventative Approach To Combat Sexual Violence, Emma G. Padrick
Student Publications
A growing body of research suggests that sex offense registries, though popular with politicians and the public, are ineffective at reducing victimization. Registries only address the individual who perpetrates after victimization occurs in an effort to prevent recidivism. They do not address the other, broader reasons that victimization transpires; they do not prevent sexual violence, and they do not improve communities’ safety. Using the socioecological framework to design primary prevention practices accounts for the interplay between the individual, relationship, community, and societal factors that lead to perpetration and should be used in place of reactive measures that fail to effectively …
Planned Policy Action,
2020
Gettysburg College
Planned Policy Action, Nicole T. Cesanek
Student Publications
Gettysburg College was built on the foundation of “doing great work,” not just for the betterment of ourselves and our education but also for others in the college and surrounding community. This project seeks to do precisely this, encourage everyone, including students, tourists, and community members, to do great work in benefiting others around them. It primarily consists of a comprehensive summary of the plans and actions required to create a community-wide tab collection bin to benefit the Ronald McDonald House Charities (RMHC). The project seeks to achieve two main goals: encourage people to collect and donate their aluminum can …
The Use Of Twitter As A Public Diplomacy Tool: A Case Study Of The U.K. Embassy In Egypt (2014-2018),
2020
The American University in Cairo AUC
The Use Of Twitter As A Public Diplomacy Tool: A Case Study Of The U.K. Embassy In Egypt (2014-2018), Alamir Othman
Archived Theses and Dissertations
No abstract provided.
The Influence Of Wics Model, Courage And Self-Efficacy On Effective Leadership: A Military Perspective,
2020
Universiti Malaya
The Influence Of Wics Model, Courage And Self-Efficacy On Effective Leadership: A Military Perspective, Mohamad Rudi Othman
Student Works (2020-2029)
Effective leadership is complex; however, its application is always critical especially for military organisations. In grasping effective leadership, the Malaysian Army always emphasises continuous leadership training towards its leaders. The Army doctrines guide training in the Malaysian Army, a manual specifically formulated to suit the service requirement. Correspond to leadership scholars and researchers, the Army believed effective leaders possess a set of virtues that differentiate them from non-leaders and these virtues could be developed. The leadership training in the Army begins as early as when an officer report for basic officer cadet training and the training continues progressively as officers …
Public Perceptions Of Delays In The Release Of Police Body-Worn Camera Footage,
2020
Walden University
Public Perceptions Of Delays In The Release Of Police Body-Worn Camera Footage, Christopher L. Bush
Journal of Sustainable Social Impact
Delays in the release of police body-worn camera (BWC) video footage have amplified public concerns about police misconduct. People question law enforcement transparency when video from BWCs is not shared with the community in a timely manner. The qualitative case study explores the life experiences of the community and the victims’ family related to delays in the release of police BWC footage. Mettler and Sorelle’s policy feedback theory was used for the study’s theoretical framework. The research questions focus on understanding the lived experiences and perceptions of community relationships with law enforcement around transparency, communication, and information sharing. A qualitative …
Is The Transit Industry Prepared For The Cyber Revolution? Policy Recommendations To Enhance Surface Transit Cyber Preparedness,
2020
Mineta Transportation Institute
Is The Transit Industry Prepared For The Cyber Revolution? Policy Recommendations To Enhance Surface Transit Cyber Preparedness, Scott Belcher, Terri Belcher, Eric Greenwald, Brandon Thomas
Mineta Transportation Institute
The intent of this study is to assess the readiness, resourcing, and structure of public transit agencies to identify, protect from, detect, respond to, and recover from cybersecurity vulnerabilities and threats. Given the multitude of connected devices already in use by the transit industry and the vast amount of data generated (with more coming online soon), the transit industry is vulnerable to malicious cyber-attack and other cybersecurity-related threats. This study reviews the state of best cybersecurity practices in public surface transit; outlines U.S. public surface transit operators’ cybersecurity operations; assesses U.S. policy on cybersecurity in public surface transportation; and provides …
Caregivers’ Expectations, Reflected Appraisals, And Arrests Among Adolescents Who Experienced Parental Incarceration,
2020
University at Albany, State University of New York
Caregivers’ Expectations, Reflected Appraisals, And Arrests Among Adolescents Who Experienced Parental Incarceration, Cynthia J. Najdowski, Melissa Noel
Psychology Faculty Scholarship
This research sought to identify a potential process by which intergenerational crime occurs, focusing on the effect of parental incarceration on adolescents’ subsequent arrests. We drew from Matsueda’s work on reflected appraisals as an explanatory mechanism for this effect. Thus, the present research examined whether caregivers’ and adolescents’ expectations for adolescents’ future incarceration sequentially mediated the effect of parental incarceration on adolescents’ actual arrest outcomes. Propensity score matching was used to examine this effect in a sample of 1,735 15- to 16-year-olds using NLSY97 data. Parental incarceration was positively related to caregivers’ expectations of adolescents’ future arrest. Moreover, caregivers’ expectations …
The Politics Of Seeds And Their Effects On Small-Scale Paraguayan Farmers,
2020
SIT Graduate Institute/SIT Study Abroad
The Politics Of Seeds And Their Effects On Small-Scale Paraguayan Farmers, Maeve Mallozzi-Kelly
Capstone Collection
International corporate seed companies have manipulated Paraguay’s politics and agricultural development since 1995, increasing Paraguay’s use and protection of genetically modified seeds, while also undermining farmers’ control over their production and financial stability by almost eliminating markets for heirloom varieties. Paraguay continues to be excluded from research critiquing the effects of neoliberal policies on global agricultural systems. Therefore, this study aims to illuminate small-scale farmers’ experiences and bring Paraguay into the global conversation on seed sovereignty by critically examining the effects Paraguay’s national seed policies have on small-scale farmer’s development opportunities and resilience to climate change. This question guides the …
Impact Of The Belt And Road Initiative On Port The Route,
2020
World Maritime University
Impact Of The Belt And Road Initiative On Port The Route, Jinghao Wang
Maritime Safety & Environment Management Dissertations (Dalian)
No abstract provided.
