Faculty News
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Prof. Kim Schoenholtz's blog post on banking reform is highlighted
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![Financial Times logo Financial Times logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_025700.jpg?h=cd55d432&itok=6XukQZTI)
Excerpt from Financial Times -- "Another worry, as pointed out by Stephen Cecchetti and Kermit Schoenholtz in their blog Money, Banking and Financial Markets, is that if much of the loss-absorbing debt is held by leveraged investors such as hedge funds then there is a risk of contagion across the financial system and back to banks."
Faculty News
—
![Financial Times logo Financial Times logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_025700.jpg?h=cd55d432&itok=6XukQZTI)
Excerpt from Financial Times -- "Another worry, as pointed out by Stephen Cecchetti and Kermit Schoenholtz in their blog Money, Banking and Financial Markets, is that if much of the loss-absorbing debt is held by leveraged investors such as hedge funds then there is a risk of contagion across the financial system and back to banks."