Faculty News

Prof. Viral Acharya on the European Banks' dollar shortages

Excerpt from Reuters -- "It could lead to fire sales of assets, which would have further spiraling effects on other firms in the economy. ... This is an aggressive move to meet the dollar shortages of the European banks. ... It is a signal that the situation is getting pretty tight for the banks."  Additional coverage appeared in Yahoo! News, Chicago Tribune,  and lse.co.uk.