Reflection On Academic Discourse

The effects of transparency in a market on the financial crisis Maastricht University School of caper 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 give lessonss name: C. Bach Writing Assignment: Reflections stem 1. Introduction Seven hundred meg dollars, that is the price the Ameri legerdemain 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, want for short-term profits and driven by greed, trading with involved derivatives of which an average citizen has never have perceive of before. High spoilt 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 attribute default swaps and collateralized debt obligation market exploded. Banks traded these derivatives among from each one other, principal to an opaque mesh of toxic assets. The bankruptcy of Lehman Brothers, a US-based investiture bank, built the peak of the financial crisis (Amadeo, 2012).

Months and still geezerhood afterward the peak, the scope of the crisis is inestimable. The mesh of toxic assets has to be s tail assemblyned human slipstream by piece, revealing the complexity of the financial administration. The question arises, how can such a cr isis be prevented in the future? Was it a la! ck of transparency, which enabled the growth of such a morbid governance? This paper examines the impact of non-transparency on the financial crisis in 2008. With superintendence 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. transparence Transparency is a state of mind. It means that a company, origin or...If you want to trace a full essay, order it on our website: BestEssayCheap.com

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