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Financial Boom and Gloom D. Chorafas

Financial Boom and Gloom By D. Chorafas

Financial Boom and Gloom by D. Chorafas


Summary

The credit and banking crisis which hit the western world in 2007/2008 has and will continue to have far-reaching after-effects. At their core are Collateralized Debt Obligations (CDOs) and Credit Default Swaos (CDSs), the main themes of this book.

Financial Boom and Gloom Summary

Financial Boom and Gloom: The Credit and Banking Crisis of 2007-2009 and Beyond by D. Chorafas

The credit and banking crisis which hit the western world in 2007/2008 has and will continue to have far-reaching after-effects. At their core are Collateralized Debt Obligations (CDOs) and Credit Default Swaos (CDSs), the main themes of this book.

About D. Chorafas

Dimitris N. Chorafas served on the faculty of the Catholic University of America and as Visiting Professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology in the United States, as well as the University of Alberta, Technical University of Karlsruhe, Ecole d'Etudes Industrielles de l'Universite de Geneve, Ecole Polytechnic Federale de Lausanne, Polish Academy of Sciences and Russian Academy of Sciences. More than 8,000 banking, industrial and government executives participated in his seminars in the United States, England, Germany, Italy, other European countries, Asia and Latin America. Chorafas is the author of 160 books, translated into several languages world-wide.

Table of Contents

Preface PART I: CREDIT CRUNCH ASHES AND PAINS The Mismanagement of Credit Risk The Fed Has Got It Wrong The Globalization of Credit Risk PART II: THE SUBPRIMES CRISIS Earthquake in the Subprime Mortgage Market The Industralization of Credit Risk Leveraged Instruments, Their Credit Rating and Other Unorthodox Practices Northern Rock. A Case Study on Failure of Prudential Supervision PART III: BANK SUPERVISORS AND THEIR REMIT Responsibilities of Financial Regulation Solvency, Liquidity, Asset-backed Paper and the Carry Trade Is There a Remedy to the Problems of Bank Supervision? Glossary Index

Additional information

GOR002216833
9780230578111
023057811X
Financial Boom and Gloom: The Credit and Banking Crisis of 2007-2009 and Beyond by D. Chorafas
Used - Very Good
Hardback
Palgrave Macmillan
20090326
280
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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