Inscribe an essay about global financial crisis 2008. Focus on (but not limited to):

(a) General: causes, is it over? Ramifications for future?

(b) Mbss → cdos, mbss → abss; cdss

(c) Citigroup, j p morgan (13 bn fraud settlement with us govt?), aig (d) fannie mae, freddie mac (e) Cf 1930s, savings and loan; 1987, 2000 nasdaq falls (f) credit risk: cdss, swaps; repos, clns etc; credit derivatives you dont have to cover all of these.

Answer rating: 100% (QA)

WORLD FINANCIAL CRISIS The question begs as to what led to the world monetary crises in 2008 The solution lies in two methods via which banks had violated regulatory capital requirements First that th... View the full answer