China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

EuromoneyFXNews.com

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June 2009

Sarabande: A novel by Marcus Fedder, formerly of the European Bank for Reconstruction and Development and Toronto Dominion Bank



From bust banks to bonkbuster

The financial and literary worlds make strong bedfellows. Both are replete with people with big egos and the ability to make things up. Strangely, though, very few bankers have made a big impression as authors.

Marcus Fedder, formerly of the European Bank for Reconstruction and Development and Toronto Dominion Bank, is the latest to try his...


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