global-financial-crisis

Learning objectives: Describe financial correlation risk and the areas in which it appears in finance. Explain how correlation contributed to the global financial crisis of 2007-2009. Describe the structure, uses, and payoffs of a correlation swap. Estimate the impact of different correlations...

Learning objectives: Describe the historical background and provide an overview of the 2007-2009 financial crisis. Describe the build-up to the financial crisis and the factors that played an important role. Explain the role of subprime mortgages and collateralized debt obligations (CDOs) in the...

Learning objectives: Differentiate between the mechanics of foreign exchange (FX) swaps and cross-currency swaps. Identify key factors that affect the cross-currency swap basis. Assess the causes of covered interest rate parity violations after the financial crisis of 2008. Questions: 20.17.1...

Learning objectives: Identify the causes of the US Dollar shortage during the Great Financial Crisis. Evaluate the importance of assessing maturity/currency mismatch across the balance sheets of consolidated entities. Discuss how central bank swap agreements overcame challenges commonly...

Learning objectives: Describe the historical background leading to the recent financial crisis. Distinguish between the two main panic periods of the financial crisis and describe the state of the markets during each. Assess the governmental policy responses to the financial crisis and review...

Learning objectives: Describe how securitized and structured products were used by investor groups and describe the consequences of their increased use. Describe how the financial crisis triggered a series of worldwide financial and economic consequences. Distinguish between funding liquidity...

Learning objectives: Discuss the flaws in the securitization of subprime mortgages prior to the financial crisis of 2007. Identify and explain the different techniques used to mitigate credit risk, and describe how some of these techniques are changing the bank credit function. Describe the...