Deleveraging After Lehman : Evidence From Reduced Rehypothecation /

Rehypothecation is the practice that allows collateral posted by, say, a hedge fund to their prime broker to be used again as collateral by that prime broker for its own funding. In the United Kingdom, such use of a customer's assets by a prime broker can be for an unlimited amount of the custo...

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Bibliographic Details
Main Author: Aitken, James
Other Authors: Singh, Manmohan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/042
Subjects:
Online Access:Full text available on IMF