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Hitler's Personal Prisoner
From 1938 to 1945, the Protestant church leader Martin Niemoeller was detained as 'Hitler's Personal Prisoner' in Nazi concentration camps, and has been widely hailed as an icon of Christian resistance against the Nazis. Benjamin Ziemann uncovers a more problematic 'historical' Niemoeller behind the legend of the resistance hero.
Hearings
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Exploring the Cosmic Frontier
On May 18-21, 2004, the Max-Planck-Society’s Harnack-Haus in Dahlem, Berlin hosted the international symposium "Exploring the Cosmic Frontier: Astrophysical Instruments for the 21st Century". The symposium was dedicated to exploring the complementarity and synergies between different branches of astrophysical research, by presenting and discussing the fundamental scientific problems that will be addressed in the next few decades.
Who Owns Whom
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Publication
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Contingent Convertible Bonds, Corporate Hybrid Securities and Preferred Shares
This book is a comprehensive guide to the new generation of hybrid securities: subordinated and perpetual bonds with deferrable coupon first issued around 2003, and the youngest member of the hybrids family named CoCos (contingent convertibles) being a product of Basel III or European Union CRD IV regime (2014). Contingent capital constitutes a contractual recapitalization mechanism for troubled financial institutions. An increasing number of European banks have issued CoCo bonds in order to bolster their capital ratios. Following the EU pattern, CoCos issues have become increasingly popular within banks in Asia and the Pacific. The EU regulatory treatment of the contingent convertibles issued by banks and insurers together with bank bail-in instruments is at the forefront of the book. Furthermore, the book provides an overview of hybrids pricing and risk assessment approach and covers the non-voting preferred stocks as another hybrids class.
