lehman-failure

Learning objectives: Analyze the key factors that led to and derive the lessons learned from case studies involving the following risk factors: Interest rate risk, including the 1980s savings and loan crisis in the US; Funding liquidity risk, including Lehman Brothers, Continental Illinois, and...

Learning objectives: Distinguish between triggers and vulnerabilities that led to the financial crisis and their contributions to the crisis. Describe the main vulnerabilities of short-term debt especially repo agreements and commercial paper. Assess the consequences of the Lehman failure on the...