Sign In
Not register? Register Now!
Essay Available:
Pages:
5 pages/≈1375 words
Sources:
5 Sources
Level:
APA
Subject:
Mathematics & Economics
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 21.6
Topic:

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

Instructions:

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 )

source..
Content:

Financial Intermediation and the 2007-2009 Financial Crisis

Name

Institution

Date

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:

  • International Economic Strategies Analysis Paper
    Description: Should you set-up reasonably independent companies, subsidiaries, in each foreign market? What would that do and not do for you?...
    4 pages/≈1100 words | 4 Sources | APA | Mathematics & Economics | Essay |
  • Writing Assignment On How Islahow Islamic State Uses Power
    Description: It is in the human nature to fight for power. Power gives a distinguished authority to rule and control others. Over the world, terrorism takes place, not as an act geared at enjoying the activity but to obtain recognition and power....
    2 pages/≈550 words | 1 Source | APA | Mathematics & Economics | Essay |
  • Sampling Assignment: Cluster Random Sampling
    Description: Provide an example of when you might want to take a cluster random sample instead of a simple random sample...
    1 page/≈275 words | 1 Source | APA | Mathematics & Economics | Essay |
Need a Plagiarism Free Essay?
Submit your instructions!