Jones said: "I know loads of businesses which have been brought to their knees but the lack of liquidity brought about by the bonus culture in certain banks".
Next, there's limited liquidity, typically about 10% per year that you could take out of the investment without any penalty from the company.
The financial regulator, FMA, usually resorts to such action only if there are concerns about a bank's liquidity or about possible wrongdoing by its board, said the person, who declined to be identified discussing confidential government deliberations.
The affected shares' liquidity improves by about 18 to 25percentt for shares listed in foreign markets.
Well, can anything be done to go back to thinking about liquidity as an asset?
Beyond liquidity, concerns about the true "green" nature of the underlying projects green bonds help finance has been another important issue for investors.
Citigroup and JPMorgan Chase, for example, have guaranteed more than $90 billion of liquidity, or about 5 or 6percentt of their total assets, according to a recent Banc of America Securities report.
According to Ton Gietman, an analyst at Petercam in Brussels, there had been liquidity concerns about the company's guaranteed investment contract division.
(See: "ECB Quenches Europe's Liquidity Thirst") About an hour after the funds were made available, 62 banks had bid for loans from the Central Bank,for a total of 61 billion euros ($83 billion).
It was no longer about providing liquidity; it was about providing stimulus at the zero lower bound.
That was a perversion of securitisation, rather than an indictment of it.More troubling to proponents of modern finance was the crippling impact on market liquidity of uncertainty about the scale of risks and who held them.
