臺灣博碩士論文加值系統

ABSTRACT

The financial crisis 2007-2008 in U.S was a huge turmoil which affect all over the world still now. This study is a brief summary the different factors that have contributed to the sub-prime mortgage credit crisis: structured financial products (MBS, ABCP, CDOs), rating agencies, broker mortgage, special instrument vehicle, transparency, and monetary policy.

ABSTRACT

The financial crisis 2007-2008 in U.S was a huge turmoil which affect all over the world still now. This study is a brief summary the different factors that have contributed to the sub-prime mortgage credit crisis: structured financial products (MBS, ABCP, CDOs), rating agencies, broker mortgage, special instrument vehicle, transparency, and monetary policy.

TABLE OF CONTENTS

ACKNOWLEDGEMENTS I
ABSTRACT II
TABLE OF CONTENTS III
LIST OF TALBES V
LIST OF FIGURES VI
Chapter 1 1
INTRODUCTION 1
1.1. Research Background 1
1.2. Research Objectives 2
1.3. Structure of the Research 2
Chapter 2 4
LITERATURE REVIEW 4
2.1. The Data of War Bank- Centered Financial Crisis 5
2.2 Comparisons 6
2.3 Conclusions 11
Chapter 3 20
ANATOMY OF A COLLAPSE 20
3.1 How it all stared 20
3.2. The players and issues at the heart of the crisis 24
3.2.1 Securitization and structured financial products 24
3.2.2. Rating Agencies 34
3.2.3. Mortgage Brokers and Lenders 37
3.2.4. Special Investment Vehicle 39
3.2.5. Credit Default Swaps 42
3.3 Transparency 43
3.4. Government Response 44
Chapter 4 52
Conclusion and discussion 52
4.1 Conclusion 52
4.2 Discussions: Preventing Future Crises: Reforming Financial Regulation 53
REFERENCES 55

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