Category: Financial Crisis

Causes of 2008 Financial Crisis in Sony Documentary, Inside Job Causes of the 2008 Financial Meltdown The documentary, The Inside Job, highlights some of the reasons why the 2008 financial meltdown happened. The film shows how bankers, regulators, and politicians all contributed to the crisis. One of the causes of the financial meltdown presented in…

Certified Public Accountants and the 2008 Financial Crisis There was a global financial crisis in 2007-2008 that affected most countries and changed international monetary relations. The reasons are several global factors that, under certain circumstances, led to a large-scale halting. Among the reasons is the US mortgage crisis, which was characterized by a sharp increase…

Financial Crisis of 2008 in the U.S.  Meltdown Chan, Sun. Financial Crisis Was Avoidable, Inquiry Finds. The New York Times, 2011, New Ed.: A1. This article explores the report by Financial Crisis Inquiry Commission, where the commission is quoted to have concluded that the credit crunch could not have been avoided. The article summarizes…

Financial Crisis and Great Recession: Why Keynesian Model Failed Table of Contents Introduction Analysis Slow Government Inflation Inefficient Economy Conclusion References Introduction It would not be an overstatement to claim that the Great Depression era was one of the darkest pages in U.S. economic history. Causing the U.S. economy to suffer a tremendous collapse, Great…

Housing Bubble and the Financial Crisis of 2008-09 Table of Contents Abstract Introduction Body of the Paper Conclusion References Abstract This paper explains the mechanics of how the so-called Housing Bubble (believed to be the actual cause of the financial crisis of 2008-2009) came into being, and explains why, contrary to what many people believe,…

2020-2021 Financial Crisis vs. 2007-2008 Market Crash The 2020-2021 financial crisis due to COVID-19 significantly differed from the 2009 Great Recession. First, the causes and nature of the crises were different. In 2009, the economy imploded and partially collapsed due to the financial system, a range of poor oversight and negative decisions led to the…

The Global Financial Crisis and Its Indicators Table of Contents Introduction Predictors Achievements and Pending Issues The Risk of a New Crisis Conclusion References Introduction The global financial crisis of 2008-2009 was the worst economic calamity since the Great Depression. The crisis was an extremely complex event the causes of which are still disputed among…

Financial Crisis: Mortgage Lenders Perspective The role that I have chosen to examine is that of a mortgage lender employee the representative of a firm that gives out loans for property purchases. In this particular case, my title is a mid-level executive at a financial corporation, and I am responsible for leading the department related…

Financial Discourse Under Financial Crisis 2007-2008 Table of Contents Introduction Methodology The theoretical background A list of relevant works References Appendix 1 Introduction This paper studies financial columnists writing under the 2007-08 economic crash from world-leader newspapers such as Wall-Street-Journal, National-Post, Globe-and-Mail, and New-York-Times and related materials from the point of view of genre analysis.…

2018 Global Financial Crisis: Causes and Effects Deregulation in the financial sector was the primary driver of the 2008 financial crisis because it gave banks the power to fund trading activities with derivatives. As a result, banks raised their mortgages to cushion the derivatives sales, which brought more profit (Bernanke 251). Similarly, the move encouraged…