Investment banks incentivised to move into riskier activities
Otherwise sensible public policy changes had the unintended consequence of pushing investment banks into riskier activities.
CONTEXT(Help)
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The Global Financial Crisis »The Global Financial Crisis
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Long-term causes of the financial crisis? »Long-term causes of the financial crisis?
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Unintended consequences of earlier public policy choices »Unintended consequences of earlier public policy choices
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Investment banks incentivised to move into riskier activities
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How were investment banks incentivised to increase risk? »How were investment banks incentivised to increase risk?
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Originating and distributing complex derivative securities »Originating and distributing complex derivative securities
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Extensive use of leverage »Extensive use of leverage
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Pathology in the Credit Default Swaps market »Pathology in the Credit Default Swaps market
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