Dangerous Opportunities

Dangerous Opportunities
Author: Stephanie Ben-Ishai
Publisher: University of Toronto Press
Total Pages: 207
Release: 2021-09-03
Genre: Business & Economics
ISBN: 1487533276


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The 2017 Home Capital saga represents the shortcomings of a financial system challenged by distinct, siloed regulatory frameworks that fail to communicate with each other. Home Capital is a publicly traded company that acts as a lender through the Home Trust Company, most often providing mortgages to clients rejected by traditional banks. Home Capital’s 2017 announcement that it required $2 billion to sustain a $600-million loss shook customer confidence, and fueled by allegations of corruption, the company suffered a rapid decline in stock price. The Home Capital crisis is the most recent pre-pandemic example of systemic risk in the financial sector in Canada and highlights the invaluable opportunity we have to avoid repeating past mistakes in the nearing post-pandemic economic reality. Using the 2017 Home Capital saga as a starting point, Dangerous Opportunities sheds light on the compartmentalization of regulators and its greater ramifications on board independence and corporate governance, taxation in the competitive housing sector, and the success of non-bank financial institutions in various jurisdictions. A hybrid of law and business, Dangerous Opportunities is a must-read for those interested in the underbelly of financial institutions and is an inspired read in the aftermath of the recent housing crisis, which saw many aspiring homeowners seek dangerous opportunities outside of the traditional banking system.


Dangerous Opportunities
Language: en
Pages: 207
Authors: Stephanie Ben-Ishai
Categories: Business & Economics
Type: BOOK - Published: 2021-09-03 - Publisher: University of Toronto Press

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The 2017 Home Capital saga represents the shortcomings of a financial system challenged by distinct, siloed regulatory frameworks that fail to communicate with
Dangerous Opportunity
Language: en
Pages: 168
Authors: Chris Musselwhite Mba
Categories: Business & Economics
Type: BOOK - Published: 2010 - Publisher: Xlibris Corporation

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Dangerous Opportunity: Making Change Work Based on 15 years of research involving over 10,000 managers, Dangerous Opportunity: Making Change Work offers manager
Danger and Opportunity
Language: en
Pages: 300
Authors: Lionel Laroche
Categories: Business & Economics
Type: BOOK - Published: 2014-01-21 - Publisher: Routledge

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The Chinese characters for "danger" and "opportunity" form the word "crisis". Ancient Chinese wisdom sees an opportunity in danger. While cultural diversity bri
Danger and Opportunity
Language: en
Pages: 235
Authors: Lionel Laroche
Categories: Business & Economics
Type: BOOK - Published: 2014-01-21 - Publisher: Routledge

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The Chinese characters for "danger" and "opportunity" form the word "crisis". Ancient Chinese wisdom sees an opportunity in danger. While cultural diversity bri
Danger and Opportunity
Language: en
Pages: 336
Authors: Eric Herring
Categories: International relations
Type: BOOK - Published: 1995 - Publisher: Manchester University Press

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Textbook for the study of crisis behaviour, a key subject in international relations