Showing 1 - 10 of 82
Persistent link: https://www.econbiz.de/10011787727
Persistent link: https://www.econbiz.de/10000130448
Persistent link: https://www.econbiz.de/10003829931
This paper examines what transformed a significant, but relatively mild, financial disruption into a full-fledged financial crisis. It discusses why, although the Lehman Brothers bankruptcy was a key trigger for the global financial crisis, three other events were at least as important: the AIG...
Persistent link: https://www.econbiz.de/10013135058
The financial crisis of 2007 to 2009 can be divided into two distinct phases. The first and more limited phase from August 2007 to August 2008 stemmed from losses in one relatively small segment of the U.S. financial system — namely, subprime residential mortgages. Despite this disruption to...
Persistent link: https://www.econbiz.de/10013119192
This paper examines what transformed a significant, but relatively mild, financial disruption into a full-fledged financial crisis. It discusses why, although the Lehman Brothers bankruptcy was a key trigger for the global financial crisis, three other events were at least as important: the AIG...
Persistent link: https://www.econbiz.de/10012462048
This paper provides an asymmetric information framework for understanding the nature of financial crises. It provides the following precise definition of a financial crisis: A financial crisis is a disruption to financial markets in which adverse selection and moral hazard problems become much...
Persistent link: https://www.econbiz.de/10012475050
Persistent link: https://www.econbiz.de/10003304638
What are the issues? -- Investment banking : conflicts of interest in underwriting and research -- Accounting : conflicts of interest in auditing and consulting -- Conflicts of interest in universal banking -- Overview and conclusions -- Discussion and roundtable
Persistent link: https://www.econbiz.de/10001959950
Persistent link: https://www.econbiz.de/10001602651