For this research project, summarize and research 'The 2008 Global Financial Crisis' and 1998 Russian Financial Crisis
compare/contrast
Points that should be hit upon in the paper include:
For global financial crisis explain things like: derivatives, Mortgage-backed securities, (MBS) collateralized debt obligations (CDO), credit default swaps (CDS), how LIBOR mispriced financial contracts bailouts, companies failing Bear Sterns, Fannie Mae Freddie mac
For 1998 Russian Financial Crisis: explain it to fullest capability. try to relate it in anyway to 2008 Global Financial Crisis.
Key points:
What are the similarities and differences between Global financial crisis and 1998 russian financial crisis
Why do financial crises occur?
Will the global economy create more crises or solve future problems?
Will financial crises continue to occur in the future or "Have we learned our lesson?"
include charts and graphs but there MUST be 8 pages of written words
Must include citations from
Financial, C. I. C. (2011). The financial crisis inquiry report, authorized edition : Final report of the national commission on the causes of the financial and economic crisis in the un. PublicAffairs.