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Charles Calomiris on FinTech

Policy@McCombs

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Is There a Liquidity Risk in the Financial Crisis?

Liquidity risk is not an adective risk, it's a multiplicatie risk of insolvency risk. A healthy bank could fail with enough stress in the system. But in the financial crisis, its if if there's no government support,. i mean, couldnt all banks go down? I'm going to be bold and say no.

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