The BIS Plans Largely Ignore the Covariance Among Asset Risks

question 96

Short Answer

The BIS plans largely ignore the covariance among asset risks between different parties.

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Definitions:

Tantrums

Emotional outbursts of anger and frustration, commonly seen in toddlers as a way of expressing their feelings.

Suspicious

Characterized by or inclined to suspect something wrong without having evidence.

Environment

The surrounding physical, biological, social, and cultural context in which an organism or community lives, influencing development and behavior.

Daycare Center

A facility that provides care and education for young children during the day while their parents are at work or otherwise engaged.