Essay 2 - to do so will result in a 5 penalty A 10 penalty...

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FINC2012 – Essay The essay must be completed individually. The essay is due on Thursday, 23 September, 2010 at Midday . Assignments must be submitted electronically via Blackboard and in hard copy in the assignment collection boxes in the Economics and Business Building. Submission is not valid unless both copies are identical and both received by the due date. Please ensure that a cover sheet is attached to the front of the assignment. Clearly state the topic you have attempted on the cover sheet. Failure
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Unformatted text preview: to do so will result in a 5% penalty. A 10% penalty will be incurred for each business day the assignment is late. The Task: You must select one of the following four essay topics. Topic A: The CDO market was largely attributed as being central to the sub-prime crisis. By first describing what CDO’s are and how they operate, identify and assess the failings in risk management practices used to manage the risks posed by these products by the banks involved....
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