Complex financial instruments that few understood
The increasing complexity of Credit Default Swaps meant that very few people (and particularly the regulators) fully understood what was happening.
Immediately related elementsHow this works
-
The Global Financial Crisis »The Global Financial Crisis
▲
Immediate triggers of the financial crisis? »Immediate triggers of the financial crisis?
▲
Pathology in the Credit Default Swaps market »Pathology in the Credit Default Swaps market
■
Complex financial instruments that few understood
●
Complexity means many decisions driven by computer algorithms »Complexity means many decisions driven by computer algorithms
●
Credit-rating agencies underestimated risks »Credit-rating agencies underestimated risks
►
Congress missed opportunity to regulate Credit Default Swaps in 2000 »Congress missed opportunity to regulate Credit Default Swaps in 2000
+Commentaires (0)
+Citations (0)
+About