Econ Review

Econ Review - Small chance of financial crisis Less than 1%...

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Econ Review 19:55 Security food chain Homeowner Gets mortgage from bank Lender Sells mortgage to investment bank Investment bank Packages many mortgages into CDO Worldwide investors  Buy CDO’s, and CDS’s  Regulators during the bubble
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Unformatted text preview: Small chance of financial crisis Less than 1% In the news all the time starting around 2000 What is there to learn? What price are we willing to pay to reduce risk? 19:55 19:55...
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Econ Review - Small chance of financial crisis Less than 1%...

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