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But panic over the quality of assets backing the commercial paper caused the market to freeze.
Investors can take comfort in the quality of assets from the banks' own exposure to them.
The building society has a 2.1% leverage ratio and has described it as "a less sophisticated measure which ignores the quality of assets or the business model".
And how credible was the assessment of the quality of assets that RBS had acquired the previous year with its acquisition of ABN Amro?
The European Central Bank announced that it will begin its review of the quality of assets held by 128 banks in November.
On top of that there are worries about the quality of assets in the buy-to-let sector, where banks have lent to private landlords.
Similar(44)
However, such a test would be difficult given the quality of asset data.
In the future, Carnevale said, America faces the challenge that its continued ability to compete "will come down to the quality of our assets": assets that are primarily human.
But Goldcorp has a high quality portfolio of assets located mainly in North and South America that will generate growth.
With the goal being to get the assets off the book as quickly as possible, debate over the quality of these assets, let alone the possibility that they are determined to be much worse than imagined could prove problematic.
Technology due diligence is about assessing the quality of technology assets and any attendant risks that an acquirer would assume in acquiring such assets.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com