Sign In
Not register? Register Now!
Essay Available:
5 pages/≈1375 words
5 Sources
Mathematics & Economics
English (U.S.)
MS Word
Total cost:
$ 21.6

Financial Intermediation And The 2007-2009 Financial Crisis (Essay Sample)


Read No more than 5 academic papers (peer-reviewed papers, working papers, policy papers)
Write at least 5 pages (font size 12, 1.5 spacing), reference, graphs, and tables should come after 5 pages.
The paper should be properly cited.
1. google scholar, academic search premier, and econlit
2. a. How was the financial intermediation before? How the relaxation of regulation or deregulation led to the financial intermediation during the financial crisis? (Chapter 11)
- regulation changes that led to the change in financial intermediation (repetition of Glass-Stegall Act)
- Emergence new financial intermdediaries
- How it created risky system
b. What caused the crisis? How the crisis unfolded.
- What led to the mortgage market crisis resulting in a financial crisis
c. Once the crisis sets in, how it affected each channel of the financial system.
- How the crisis affected all kinds of financial intermediaries
d. the extent of the crisis and its effect on the economy
(2.5 pages on the part a and b, 2.5 pages on the part c and d )


Financial Intermediation and the 2007-2009 Financial Crisis




2. How was the financial intermediation before?

Repeal of Glass - Steagall

The 1999 repeal of the Glass- Steagall Act allowed the investment banks to engage in speculation with the depositor's funds, which had been held in the associated commercial banks. The Act separated the commercial and investment banks, and opponents of the Glass- Steagall provisions argued that some of them were absolute. The Gramm-Leach-Bliley Act (GLBA) (Financial Services Modernization Act) replaced the Glass- Steagall Act of 1933, which had prevented products or business lines or products that were marketed by other financial institutions. There was also increased deregulation that allowed investment banks leverage like the universal banks on a similar footing. The changes in the financial system were less protected than 1930

Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • India, China and the Retail Industry Research Assignment
    Description: How is China and India contributing to the world economy? Relate your comments to current examples in the retail industry involving following giant retailers...
    1 page/≈275 words | 2 Sources | APA | Mathematics & Economics | Essay |
  • Aspects of your Business Essay
    Description: In this post, the author kept a short description on how to increase output in the short run. The author notes that managing short run cost will be effective in getting desired long run cost and goals....
    1 page/≈275 words | No Sources | APA | Mathematics & Economics | Essay |
  • International Economy
    Description: One of the ways in which banks have brought a revolution into the world financial markets has been through cross-border lending...
    1 page/≈275 words | 3 Sources | APA | Mathematics & Economics | Essay |
Need a Plagiarism Free Essay?
Submit your instructions!