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"Does the system now have a lender of last resort?"
The fund also wants to be a lender of last resort.
One way or another, he says, international agencies will have to serve as lenders of last resort.
Eventually the Bank will be required as lender of last resort.
But not everyone is eager to create a true international lender of last resort.
Once a crash comes, it is not easy for a lender of last resort to know when, and how, to act.
Which means there's no chance it can afford to act as the lender of last resort.
Our responsibility was to act as a lender of last resort."
The world's lender of last resort says it needs more firepower.
The bank serves as a lender of last resort for credit organizations.
Look, the World Bank is a lender of last resort.
The major central banks should continue to drive down short-term interest rates and stand by as lenders of last resort.
In the end the Central Bank did its job as lender of last resort.
These moneylenders are not the only lenders of last resort dealing with the public.
The country's central bank is considered almost certain to become a lender of last resort in future bailouts.
Loans are unsecured and there is no lender of last resort.
Back in 2008, there was a lender of last resort - countries bailed out banks.
A lender of last resort is an institution willing to extend credit when no one else will.
Federal Reserve could become the lender of last resort to brokers in return for a new oversight role.
A central bank acts as banker to the government and lender of last resort to commercial banks.
When combined liquidity demands were too big, the bank again had to find a lender of last resort.
By this point the role of the central bank as the "lender of last resort" was understood.
Acting as lender of last resort in exceptional circumstances.
This will continue until there is a circuit-breaker, both to act as lender of last resort and to end the slump.
You need a lender of last resort and, in this case, the Russian Government does not have the resources."
