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- W85550404 abstract "In the wake of Hurricane Katrina, damage to the financial infrastructure appears to be largely confined to small depository institutions. Directives stemming from the 9/11 attacks require most banking and securities firms to maintain off-site redundancy for significant personnel and daily data backups. The damaged area is sufficiently wide, however, and the possibility of long-term loan delinquency sufficiently high, that greater harm may yet surface. To date, most depository institutions are functioning to some degree and, despite concerns over large withdrawals, regulators say they do not expect any to fail as a result of the damage." @default.
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- W85550404 date "2005-09-15" @default.
- W85550404 modified "2023-09-27" @default.
- W85550404 title "Katrina's Wake: Restoring Financial Services" @default.
- W85550404 hasPublicationYear "2005" @default.
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