Why could the government not trust the shareholders and creditors of a bank to monitor its risks?

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Value at Risk The New Benchmark for Managing Financial Risk

ISBN: 978-0071464956

3rd edition

Authors: Philippe Jorion

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Question Posted: May 03, 2016 02:11 AM

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Why could the government not trust the shareholders and creditors of a bank to monitor its risks?

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The objective functions may not be the same as thos...View the full answer

Value at Risk The New Benchmark for Managing Financial Risk

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