Question: 1.Financial engineering, Structured Finance or Securitization has been blamed for the Financial crisis, and stock-market meltdown of 2008.Critically examine the reasons for the global crisis.Also,
1.Financial engineering, Structured Finance or Securitization has been blamed for the "Financial crisis, and stock-market meltdown" of 2008.Critically examine the reasons for the global crisis.Also, evaluate the efficacy of thesteps initiated by the Treasury and Central Banks (TARP and QE) for restoring stability. What additional actions would you recommend to protect the Financial Institutions and prevent such a recurrence?
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