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Unpacking the Financial Crisis (Chapter 1 from Credit Risk Assessment : The New Lending System for Borrowers, Lenders, and Investors)
Bibliografi
Author:
Abrahams, Clark R.
;
Zhang, Mingyuan
Topik:
Housing Market Downturn
;
Regulatory and Internal Controls
;
Tax Treatment
;
Basel Accord
;
Community Reinvestment Act (CRA)
Bahasa:
(EN )
Penerbit:
John Wiley & Sons
Tempat Terbit:
New York
Tahun Terbit:
2009
Penyerta:
http://as.wiley.com/WileyCDA/WileyTitle/productCd-
Jenis:
Article - Untuk Buku
Fulltext:
0470461683.pdf
(234.03KB;
3 download
)
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Abstract
This chapter provides an overview of the current financial crisis, the causes, the impact, consequences, and implications. There are many factors that are attributed as the causes of the crisis. Our focus here is on the major kinds of market participants, and how each of them is perceived to have contributed to, or been victimized by, the crisis. Our goal is to trace back from the events and consequences to identify the root causes, some of which remain obscured by layers of business processes and by proprietary systems whose accuracy historically has been taken for granted and whose data, assumptions, formulas, and logic were thought to be valid.
Kajian editorial
Book: Credit Risk Assessment : The New Lending System for Borrowers, Lenders, and Investors by Clark R. Abrahams and Mingyuan Zhang (ISBN: 978-0-470-46168-6; 320 p.)
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