Master Liquidity Enhancement Conduit
id:
master-liquidity-enhancement-conduit-255-5745591
title:
Master Liquidity Enhancement Conduit
text:
The Master Liquidity Enhancement Conduit (MLEC), also known as the Super SIV, was a plan announced by three major banks based in the United States on October 15, 2007, to help alleviate the subprime mortgage financial crisis. Citigroup, JPMorgan Chase, and Bank of America created the plan in an effort to stave off financial damage. Because of a tightening of the credit markets linked to the crisis, a number of structured investment vehicles (SIVs), backed by major banking institutions, found the
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Master_Liquidity_Enhancement_Conduit
date created:
date modified:
2020-08-10T21:24:05Z
main entity:
{"identifier":"Q6785049","url":"https://www.wikidata.org/entity/Q6785049"}
image:
fields total:
13
integrity:
13