brunnermeier

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: Describe the key factors that led to the housing bubble. Explain the banking industry trends leading up to the liquidity squeeze and assess the triggers for the liquidity crisis. Explain how banks created collateralized debt obligations. Explain the purposes and uses of...