What are the causes of financial crisis ,with particular focus on understanding and manage risk

I am looking at an exam preparation answer for this question ,the answers to this question can be found by watching the following 3 videos ” Love Of Money ” on www.veoh.com

Answer must include a short the following issues:

• Free Market Capitalism / power of Global Financial Markets
• Light Touch Regulation
• Low Interest Rates [post 9/11, rise of China]
• Complex new Derivatives [Credit Default Swaps, Securitised Loans] – traded globally, and largely unregulated
• Moral Hazard – Liars’ Mortgages, “elimination” of Risk, Rating Agencies
• U.S. Sub-prime bubble
• Weak Corporate Governance
• Failure of Banks to understand & manage Risk
• Human Nature – greed, hubris, bonus culture, herd instinct

Further details needed on the following areas by watching the documentary “ Inside Job “

-Rating agencies

– Conflict of interest ( Goldman sacs/J P Morgan / Morgan Stanley )

– Wall street has poisoned academia

 

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.