Even in
the systemic financial collapse of 2008, diversified funds absorbed individual «failures» and served up the expected payments.
But the costs are soft costs, ones that are preferable to
systemic financial collapse.
Not exact matches
A tax on individual transactions between
financial institutions — based on the level of
systemic risk that each transaction adds to the system — could essentially eliminate the risk of future
collapse of the
financial system, according to a new study recently published in the journal Quantitative Finance.
It certainly doesn't pose a
systemic risk to the global economy like, say, the
financial collapse of Lehman Brothers Holdings Inc. did, although the fearmongers will tell you otherwise.