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Federal Reserve Bank of St. Louis
The Regional Economist
Jumbo CDs play tiny role in policing risky banks ... so far
John R. Hall
Thomas B. King
Andrew P. Meyer
Mark D. Vaughan
Abstract

Reforms enacted after the S&L crisis have yet to persuade holders of jumbo CDs to monitor their banks' risky practices.


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John R. Hall & Thomas B. King & Andrew P. Meyer & Mark D. Vaughan, "Jumbo CDs play tiny role in policing risky banks ... so far" , Federal Reserve Bank of St. Louis, The Regional Economist, issue Jul., pages 12-13, 2002.
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Keywords: Federal Deposit Insurance Corporation Improvement Act of 1991
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