Explore a curated collection of 3 quotes about Liquidity at QuotesRead.com. Discover timeless wisdom, insightful thoughts, and memorable words on Liquidity from famous authors and thinkers around the world.
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![[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long- — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis](https://quotesread.com/uploads/quotes/0/33/98/339895_0.jpg "[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure is — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis")
![[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long- — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis](https://quotesread.com/uploads/quotes/0/33/98/339895_1.jpg "[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure is — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis")
![[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long- — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis](https://quotesread.com/uploads/quotes/0/33/98/339895_2.jpg "[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure is — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis")
![[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long- — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis](https://quotesread.com/uploads/quotes/0/33/98/339895_3.jpg "[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure is — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis")
![[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long- — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis](https://quotesread.com/uploads/quotes/0/33/98/339895_4.jpg "[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure is — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis")
![[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long- — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis](https://quotesread.com/uploads/quotes/0/33/98/339895_5.jpg "[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure is — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis")
![[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long- — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis](https://quotesread.com/uploads/quotes/0/33/98/339895_6.jpg "[T]he ABCP market was built on a fatal flaw: a significant mismatch between the duration of the underlying assets (long-term) and the duration of the paper itself (short-term). While this structure is — Paul Halpern, Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis")
