OTC and Repo Market

For Monday, in addition to the previous material on credit default swaps, also watch the following Marketplace Whiteboards:

• "Over-the-counter, over the top"
• "The 'repo' market"

We will also be covering the tools of Monetary Policy before the crisis hit, so please look over the chapter on banking and Monetary Policy from your intermediate macro textbook (if you still have one). I will also be posting some material about Monetary Policy.