Queen's University

Subprime mortgage exposure

2010-03-19

Louis Gagnon, associate professor at the Queen’s School of Business can discuss the Canadian asset-backed commercial paper market’s restructuring plan.
According to Dr. Gagnon, a dozen international banks, including Deutsche Bank have provided liquidity in this market and are very worried that the plan won’t go forward on account of opposition by retail investors.
“This is a $32-billion Canadian issue that has global ramifications,” says Dr. Gagnon.
In addition to his expertise in risk management, capital markets and international finance, Dr. Gagnon is uniquely well positioned to discuss this issue based on his experience at one of Canada’s largest banks where he lead a team overseeing global interest rate derivatives risk exposures.
To arrange an interview with Dr. Gagnon, please contact Alissa Clark at 613.533.6000 ext. 77513 or via email at alissa.clark@queensu.ca or Molly Kehoe at 613.533.2877, molly.kehoe@queensu.ca.

 
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