Содержание
- 2. The financial crisis of 2007–08, also known as the global financial crisis and 2008 financial crisis,
- 3. Why the financial crisis of 2008 happened ? What is subprime lending ? The answer is
- 4. Mortgage To explained what happened , First we have to do a quick explained about mortgages.
- 6. Every month, the homeowner has to pay back a portion of the principle, plus interest to
- 7. In the 2000s, investors in the U.S. and abroad looking for a low risk, high return
- 8. Global investors didn't want to just buy up some individuals mortgage. Instead, they bought investments called
- 9. “I thought we were just buying a house”
- 10. But these new sub-prime lending practices were brand new. These investment were becoming less and less
- 11. Borrowing decisions by individuals Housing Bubble Formation Lending decision by Financial Institutions
- 12. As this was happening the big financial institutions stopped buying sub-prime mortgages and sub-prime lenders were
- 13. When something terrible happens, people naturally look for someone to blame. In the case of the
- 14. But the thing to remember about this massive systemic failure, is that it happened in a
- 15. Results 1 Sub prime Mortagage Crisis 2 Collapse of Financial System 3 Economic Crisis 4 Job
- 16. How to stay updated Read financial Newspapers Read magazines like The Economist, BusinessWeek, Business Today read
- 17. Result – Mortgage Market The housing bubble burst
- 18. Investors OMG
- 19. Sub prime borrower ------ Leaving home
- 20. Investment Bank Nationalized Bankrupt
- 23. Скачать презентацию