Seminar 217, Risk Management: Collateralized Networks

Seminar 217, Risk Management: Collateralized Networks

Risk Seminar
Feb 26, 2019, 11:00 AM - 12:30 PM | 1011 Evans Hall | Happening As Scheduled
Speakers: Samim Ghamami, Goldman Sachs and UC Berkeley Center for Risk Management Research (Speaker - Featured)
We study the spread of losses and defaults through financial networks focusing on two important elements of regulatory reforms: collateral requirements and bankruptcy stay rules in over-the-counter (OTC) markets. Under "segregated" collateral requirements, one firm can benefit from the failure of another, the failure frees the committed collateral of the surviving firm giving it additional...