In my view, you have the choice of not touching it or charging an extremely high premium and setting capital aside. In this case, however, the premium was near zero.
On March 26th, 2009. See this statement in context.
On March 26th, 2009. See this statement in context.
March 26th, 2009 / 9:35 a.m.
Senior Vice-President and Chief Economist, TD Bank Financial Group
In my view, you have the choice of not touching it or charging an extremely high premium and setting capital aside. In this case, however, the premium was near zero.
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