Lone Star Bank - Houston, Texas (TX) 7/28/09 3.35% 4 Years Luther Burbank Savings 2/15/11 1.30% 12 Months Marcus by Goldman Sachs Bank 2/27/18 2.60% 5 years Marshall & Ilsley Corp. (M&I Bank)12/31/07 4.00% 6 Months
Clearinghouses may fall into a similar trap in their margin calculations, the University of Houston’s Pirrong wrote in a research paper in May 2011. “Levels of margin that appear prudent in normal times may become severely insufficient during periods of market stress,” wrote Pirrong, whose ...