
Systemic Risk and the Financial Crisis: A Primer
... and Duca, 2007). Most nonprime mortgage loans were made to homebuyers with weak credit histories, minimal down payments, low income-toloan ratios, or other deficiencies that prevented them from qualifying for a prime loan.4 Many nonprime loans also had adjustable interest rates or other features tha ...
... and Duca, 2007). Most nonprime mortgage loans were made to homebuyers with weak credit histories, minimal down payments, low income-toloan ratios, or other deficiencies that prevented them from qualifying for a prime loan.4 Many nonprime loans also had adjustable interest rates or other features tha ...
corporation - McGraw-Hill Education Canada
... where the firm obtained its cash and how it chose to allocate the cash • Companies typically project cash flow statements on a monthly basis for the current year and a quarterly basis for the next two to five years – Financial quarter - indicates a three-month period ...
... where the firm obtained its cash and how it chose to allocate the cash • Companies typically project cash flow statements on a monthly basis for the current year and a quarterly basis for the next two to five years – Financial quarter - indicates a three-month period ...
Financial Analysis of General Motors By
... In the first quarter of 2011, Gm showed 3.2 billion in earnings in the first quarter, a number that was inflated by 1.5 billion because of the sale of their interests in Delphi Automotive and Ally Financial (fixed asset turnover-Plant, property, and equip.). During that time Ford gained a half a po ...
... In the first quarter of 2011, Gm showed 3.2 billion in earnings in the first quarter, a number that was inflated by 1.5 billion because of the sale of their interests in Delphi Automotive and Ally Financial (fixed asset turnover-Plant, property, and equip.). During that time Ford gained a half a po ...
Bureau Of Consumer Financial Protection
... agencies (perhaps further divided into several sub-markets) and credit scoring firms also function as national gatekeepers in their own markets. Further, some of these firms may be “larger” than they appear as they are often part of massive multi-state or multinational conglomerates. Our organizatio ...
... agencies (perhaps further divided into several sub-markets) and credit scoring firms also function as national gatekeepers in their own markets. Further, some of these firms may be “larger” than they appear as they are often part of massive multi-state or multinational conglomerates. Our organizatio ...
OTC Derivatives: Regulation
... to the subset of nonbank credit intermediation where there are (i) developments that increase systemic risk (in particular maturity/liquidity transformation, imperfect credit risk transfer and/or leverage), and/or (ii) indications of regulatory arbitrage that is undermining the benefits of financial ...
... to the subset of nonbank credit intermediation where there are (i) developments that increase systemic risk (in particular maturity/liquidity transformation, imperfect credit risk transfer and/or leverage), and/or (ii) indications of regulatory arbitrage that is undermining the benefits of financial ...
Review of Jens Forssbæck and Lars Oxelheim`s Money
... empirical detail and its clear presentation in comparative form will make it a useful ...
... empirical detail and its clear presentation in comparative form will make it a useful ...
magna retirement savings plans stable value fund
... Guarantees for the GFC portion are based upon the claims-paying ability of the issuing insurance company. Insurance products from the Principal Financial Group® are issued by Principal National Life Insurance Company (except in New York) and Principal Life Insurance Company. Plan administrative serv ...
... Guarantees for the GFC portion are based upon the claims-paying ability of the issuing insurance company. Insurance products from the Principal Financial Group® are issued by Principal National Life Insurance Company (except in New York) and Principal Life Insurance Company. Plan administrative serv ...
Fed raises rates as job gains, firming inflation stoke confidence (by
... right now, bond guru Bill Gross told CNBC on Wednesday. And it is something that could possibly wreak havoc on the bond market, he said. That’s because monetary policy in both Europe and Japan is causing international investors to buy U.S. Treasurys, he explained. The European Central Bank is curren ...
... right now, bond guru Bill Gross told CNBC on Wednesday. And it is something that could possibly wreak havoc on the bond market, he said. That’s because monetary policy in both Europe and Japan is causing international investors to buy U.S. Treasurys, he explained. The European Central Bank is curren ...
foreign branch bank
... • Eurocommercial paper, while typically U.S. dollar denominated, is often of lower quality than U.S. commercial paper—as a result yields are higher. ...
... • Eurocommercial paper, while typically U.S. dollar denominated, is often of lower quality than U.S. commercial paper—as a result yields are higher. ...
2016 Elections Recap
... With that background in mind, we think these key policy questions will affect the economy and financial markets: Fiscal stimulus: The era of the sequester and fiscal austerity is clearly over. Federal spending has climbed in 2016 and will likely continue. Donald Trump appears to have little interest ...
... With that background in mind, we think these key policy questions will affect the economy and financial markets: Fiscal stimulus: The era of the sequester and fiscal austerity is clearly over. Federal spending has climbed in 2016 and will likely continue. Donald Trump appears to have little interest ...
Contribution for the IV World Electronic Symposium
... The main reason is that Chinese capital account has not been liberalized yet. In any event of a massive default over the informal deposits, which pay higher interests than formal ones, savings are not allowed to flow out from China. Moreover, deposits at formal banking system are equal to 17 trilli ...
... The main reason is that Chinese capital account has not been liberalized yet. In any event of a massive default over the informal deposits, which pay higher interests than formal ones, savings are not allowed to flow out from China. Moreover, deposits at formal banking system are equal to 17 trilli ...
Specialness and Regulation
... and users of funds and can vary according to the firm. FIs may provide only transaction services, such as discount brokerages, or they also may offer advisory services which help reduce information costs, such as full-line firms like Merrill Lynch. The asset transformation function is accomplished b ...
... and users of funds and can vary according to the firm. FIs may provide only transaction services, such as discount brokerages, or they also may offer advisory services which help reduce information costs, such as full-line firms like Merrill Lynch. The asset transformation function is accomplished b ...
dimsum-factsheet - London Stock Exchange
... October 2014: UK Government issues the first nonChinese sovereign offshore RMB bond October 2015: Agricultural Bank of China issues the first USD/RMB multi-tranche offshore green bond by a Chinese financial institution globally April 2016: Hungary issues the first sovereign RMB bond in Contine ...
... October 2014: UK Government issues the first nonChinese sovereign offshore RMB bond October 2015: Agricultural Bank of China issues the first USD/RMB multi-tranche offshore green bond by a Chinese financial institution globally April 2016: Hungary issues the first sovereign RMB bond in Contine ...
The Russian Economy Brookings, 2014
... The Commodity Economy II • The oil and gas sector peaked in 2005 at 25% of GDP • Since then this figure has progressively contracted and now the industry accounts for at most 21% of GDP • The level of oil extraction has remained virtually constant since 2005 – oil output has not grown at all in 10 ...
... The Commodity Economy II • The oil and gas sector peaked in 2005 at 25% of GDP • Since then this figure has progressively contracted and now the industry accounts for at most 21% of GDP • The level of oil extraction has remained virtually constant since 2005 – oil output has not grown at all in 10 ...
Green - American Council on Consumer Interests
... Results indicated that participants experienced changes in their employment status that affected the level of income, which became a major factor in the consumer’s ability to meet their mortgage obligation. Another related factor was age and health that affected the ability of the consumer to work a ...
... Results indicated that participants experienced changes in their employment status that affected the level of income, which became a major factor in the consumer’s ability to meet their mortgage obligation. Another related factor was age and health that affected the ability of the consumer to work a ...
Downturn
... • You , no doubt, may have been doing something like this before, but there is need to move from ad-hoc cost management to more strategic and sustainable way of managing cost whilst ...
... • You , no doubt, may have been doing something like this before, but there is need to move from ad-hoc cost management to more strategic and sustainable way of managing cost whilst ...
Roger Fiszelson`s presentation - Confederation of International
... consideration the institutional peculiarities, legal, economic, cultural of the concerned countries, rationality, resilience and acceptability of the project will be badly assured. The identification of the risks, their uncertain perception will probably be insufficient, leading investors to ask a ...
... consideration the institutional peculiarities, legal, economic, cultural of the concerned countries, rationality, resilience and acceptability of the project will be badly assured. The identification of the risks, their uncertain perception will probably be insufficient, leading investors to ask a ...
Real Estate Finance: An Overview
... as the inability of one large financial institution to repay its liabilities destroyed the values of assets at other large institutions holding the issuer’s debt securities. Banks with more than $50 billion in assets are required to file 3-year strategic risk management plans with the Office of the ...
... as the inability of one large financial institution to repay its liabilities destroyed the values of assets at other large institutions holding the issuer’s debt securities. Banks with more than $50 billion in assets are required to file 3-year strategic risk management plans with the Office of the ...
Financialization

Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.