The Credit Crisis of 2007 & 2008

Sponsored By Cathedral Consulting Group, LLC

Topics:

Banking & Capital Markets

Finance & Risk Management

Financial Crisis

View White Paper now

Free registration is required

Abstract:

What is going on in the financial markets? How did we get here? Where are we now? And where are we going from here? This paper address these questions, beginning with the understanding of truth and one's ability to ignore truth and principles in the decision making process, including experts in the market. It then progresses to an explanation of the financial innovations developed over the last thirty years, including securitization, creative mortgages, derivatives, short-selling, and speculative investing. This understanding permits us to see how the markets have arrived at the current crisis. Based on the principles and innovations outlined, observations are offered on the current market and companies such as Bear Stearns, Citigroup, Fannie Mae and Freddie Mac, Lehman Brothers, Merrill Lynch, AIG, Morgan Stanley and Goldman Sachs. The paper concludes with some observations for the future.

DETAILS

Sponsored by: Cathedral Consulting Group, LLC

Posted: October 16, 2008

Length: 21 pages

Format: PDF (123 kb)

Email this abstract

These white papers are not created by the CFO.com editorial staff. In order to view these papers, you must register with CFO.com and agree to share your contact information with related product/service companies.

Search White Papers