Our goal is to have this website operational within a few weeks. Second, at my request, Board Vice Chairman Donald Kohn has agreed to lead a committee that will review our current publications and disclosure policies relating to the Fed's balance  4  BIS Review 15/2009  sheet and lending policies.
Classified bank loans, defaults, and bond downgrades have increased, but the hits to the capital of financial intermediaries have been relatively small, in part, because of the diversification of portfolios and the dispersion of risk that these new tools make possible. Nonetheless, not everyone is a fan of the increasingly widespread use of sophisticated riskmanagement models.