Here's an interesting set of slides to provide an overview of how the credit crisis was caused, even though there is a little something that is missing: the role of rating agencies that failed their mission more than ever before...
Creditcrisis 30slides Final
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The slides also do not mention the failure of the regulators that have not correctly identified the risks that the credit institutions were facing.ReplyDelete
Yes, that is quite accurate, but who's going to regulate the regulators? Do you really believe it to be very healthy that the boys of Goldman Sachs have provided so many of the past Secretaries of the Treasury in the US?ReplyDelete
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A credit crisis is typically the result of a combination of factors that create an unsustainable situation. When these factors converge, they can lead to a crisis that can have far-reaching consequences for the global economy.Ifyou are looking to buy an online Cheap Essay Writing Services turn out to the master essay writing service for all the fair knowlwdge of acadamic task.ReplyDelete