The 2008 global financial crisis

The 2008 global financial crisis is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. It resulted in national government bailing-out commercial banks and other large financial institutions while others, like Lehman brothers, collapsed. Consequently, there were short-term downturns in equity, credit and real estate markets around the world, and long-lasting effects on labour markets and economic growth. Previous studies have concluded that the crisis was caused by a number of factors, such as imprudent mortgage lending, inadequate pricing models for securitized debt obligations, poor risk models, deregulatory legislation (e.g. the repeal of the Glass-Steagall act in the US) combined
with insufficient oversight, and excessive leverage and risk-taking.

Please choose ONE of the causes of the 2008 financial crisis and discuss it with specific reference to your knowledge of institutions in the global financial market.

Click here to request for this assignment help

Solution:

10% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET10 to claim 10% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.