Banco Nacional: jogo de Ponzi, PROER e FCVS

Revista de Economia Política

Fernando De Holanda Barbosa¹ 

[1] ,Fundação Getúlio Vargas

关键词: Bank Failure;    resolution method;    Central Bank intervention in failing banks;   

DOI  :  10.1590/S0101-31572008000100005

来源: SciELO

【 摘 要 】

Banco Nacional: Ponzi game, PROER and FCVS. This paper analyses the causes of the failure of Banco Nacional and the resolution method adopted by the Brazilian central bank. The program (PROER) designed by the central bank and its legal framework allowed the failed bank to buy " defaulted securities" , financed by the central bank, and to use them as borrowing collateral. The paper also analyses the private and social costs of this bank failure.

【 授权许可】

CC BY   
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