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JHU / Finance / FIN 230 / What causes financial crises?

What causes financial crises?

What causes financial crises?

Description

School: Johns Hopkins University
Department: Finance
Course: Financial Crises and Contagion
Professor: Kathleen day
Term: Spring 2016
Tags:
Cost: 25
Name: Financial Crises
Description: 2008 Financial Crises
Uploaded: 03/05/2016
1 Pages 157 Views 0 Unlocks
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F Crises and Contagion VIIIf you want to learn more check out Why is economics class important to education?

D-Frank prepayment penalty changed        “refinance” changedDon't forget about the age old question of How many Resonance structures does Nitric Acid have?

Mort

  • (In law) assess borrower’s ability to pay; use traditional underwriting
  • 1. assess
  • 2. Able to pay?
  • 3. Asset-based  underwriting (risky)
  • (incentive) sue

State/Field: states have a sayDon't forget about the age old question of How to find a solution of a problem?

OTC Derivatives - regulated new price transparency (at Exchange)

  • (Reserve, Record, Prove)
  • End-user

Credit Rating = to register (government requires x) = possible win sue = they show reasonable person do                                                        ↘done homework, reasonable handwritingDon't forget about the age old question of What is G protein-coupled receptors (GPCRs)?

Hedge Funds = more regulated

(Freddie, Fannie = standard)

Consumer Protection (states: more laws to protect consumers)

  • Truth lending
  • Away from FED, FDIC . . .⇒CFPB

(safe and sound regulators)If you want to learn more check out What are vitamins?

(lion and line / credit card industry)

        P+I min amount of payment = unsustainable / banks’ b/s works betterDon't forget about the age old question of Does bacteria usually have one circular chromosome?

                        ⇑                                             ↑

                Negative amortization                                accounting fiction

                ⇒ regulation

                      insure         

Freddie, Fannie  一一一> default? pay

                Hold sb’s feet to the fire

AIG pays (Wall Street has no risk)

(real estate)

        (cheap to borrow)

        AIG (Kool Aid=price; sell CDJ (to everybody)

        Behavioral finance

        Kick-back of: commission

        Close the barn door when the horse has already gone.

        Greenspan's prepayment penalty, police 一> to blame

        pour money in = x to blame

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