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Non-performing Loan Auctions : A Failed Effort

Relying on established theories in auction literature, the lacunae in the design of auction mechanism used by the banks are identifi ed. The choice of security used for the payment of the bid amount, the proportional distribution between upfront cash and debt issued by the bidder, and the priority of the bidder’s payment are evaluated. Banks should review the choice of ....

United States , Sa Reserve Bank , Asset Reconstruction Companies Arcs , Reserve Bank , Asset Reconstruction Companies , Federal Commu ,

Targeted News Service

Targeted News Service provides Washington Bureau coverage, federal contract and contracting information for awards and for subcontracting opportunities, a congressional vote chart, federal and congressional press releases. ....

New York , United States , Central School , School Internet Connectivity , Pioneer Central School District , New York State Comptroller , School Internet , Yorkshire Pioneer Central School District , Federal Commu ,