Reflection On Academic Discourse

The effects of transparency in a market on the financial crisis Maastricht University School of handicraft and economics Maastricht, 23 January 2012 Nicolas Münzer, NM; Kevin Leurs, KMM; Max van Zoest, MCJ ID numbers: i6039536; i6039559; i6042051 Studies: International Business; Economics; Econometrics Course code: EBS1508 Group number: 5D omnibuss name: C. Bach Writing Assignment: Reflections theme 1. Introduction Seven hundred meg dollars, that is the price the Ameri tail Senate paid for the bailout bill on tertiary October 2008. The velocity and magnitude of the financial crisis in 2008 is unique. All this has been triggered by banks and hedge funds, pursuit for short-term profits and driven by greed, trading with heterogeneous derivatives of which an average citizen has never have perceive of before. High uncertain mortgage bonds and insurances have been put unneurotic and sold as packages. Oversimplified and shortsighted the risks of those packages have been valued incorrectly. The mint of the so-called opinion default swaps and collateralized debt obligation market exploded. Banks traded these derivatives among from each one other, lead-in to an opaque mesh of toxic assets. The bankruptcy of Lehman Brothers, a US-based coronation bank, built the peak of the financial crisis (Amadeo, 2012).

Months and still geezerhood after the peak, the scope of the crisis is inestimable. The mesh of toxic assets has to be s corporationned human carry by piece, revealing the complexity of the financial administration. The question arises, how can such a crisis be prev ented in the future? Was it a lack of transp! arency, which enabled the growth of such a morbid corpse? This paper examines the impact of non-transparency on the financial crisis in 2008. With watchfulness and repair of examples of the major banks, it investigates which role the lack of transparency play and concluding, if more transparency could prevent a future crisis. 2. enhancer Transparency is a state of mind. It means that a company, insertion or...If you want to trace a full essay, order it on our website: BestEssayCheap.com

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