Cdos and the Global Financial Crisis Financial Essay
The crisis threatened the global financial system with total collapse, led to bailouts of many large, uninsured financial institutions by their national governments, and caused sharp declines in stock prices. The article was written about the financial crisis. It discusses the crisis from some important aspects: the beginning of the crisis, the crisis, the recovery from the crisis and the global consequences - the crisis was a global event, not one confined to the US. Ireland's vibrant economy fell off a cliff. Greece has defaulted on its international debts. Portugal and Spain. The financial crisis that has since wreaked havoc on markets in the US and around the world had its origins in an asset price bubble that interacted with new types of financial markets. To provide preliminary answers, we published articles in the Journal of Finance that included the words “financial crisis” and “regulation.” As indicated in , all of these articles rely on the analytical or archival method, consistent with the strong presence of positivism within the journal. It also proposes the establishment of a global licensing and supervision regime for transnational investment funds of systemic relevance, eliminating most shadow effects. banking operators. The catastrophic consequences of the crisis and the findings from behavioral finance provide solid support for these proposals.