Financial Markets (ECON 252) Insurance provides significant risk management to a broad public, and is an essential tool for promoting human welfare. By pooling large numbers of independent or low-correlated risks, insurance providers can minimize overall risk. The risk management is tailored to individual circumstances and reflects centuries of insurance industry experience with real risks [...]
This video is merely a compilation of knowledge from my graduate studies in Finance as well as from the news media on the condition of our economy. This is the AudioSwap version (with Classical music) of my original video (that has somber or heavy metal / industrial genre music). Link to original: www.youtube.com Certain Finance [...]
The Subprime Mortgage Loan Crisis has contributed significantly to the Economic Collapse in the United States. Concerning a lack of regulation by the Fed (that many believe led to this crisis): From CBS in 2010, Greenspan: Subprime Mess Not Fed’s Fault [Quote] Alan Greenspan defended his tenure Wednesday as head of the Federal Reserve before [...]
This video is merely a compilation of knowledge from my graduate studies in Finance as well as from the news media on the condition of our economy. The music heard in this video was chosen to match the somber mood of the content: for most Americans, it is horrifying to know that our economy is [...]
Chris Dodd does not want to talk about “individuals” responsible for this mortgage mess, why? Chris Dodd was instrumental in forcing banks and mortgage companies to provide High Risk loans to people who could not afford them. He also took no interest loans for those very same people. If Dodd wants “police on the streets” [...]
MORTGAGE MELTDOWN MADNESS – 12 (BANNED Subprime Crisis) Courtesy: John BIRD & John FORTUNE [Distinguished BRITISH Actors]… Here it is EXPLAINED HOW IT IS… that the Politicians INCITED the High Street Banks & Investment Banks to merge & break down the Fire Walls that traditionally separated LOW RISK High Street Banks with HIGH RISK Investment [...]
were rewarded for signing up loans, not for making sure they would be repaid when they were resold. When GW Bush entered office, his economist warned that loans to under-qualified borrowers created a risk for the entire financial system. In 2003, Treasury Secretary John Snow proposed oversight with strict controls over risk and capital reserves. [...]
This is part four of six part MSNBC television documentary explaining the causes of the recent real estate, and financial, crisis in the United States. It is closed captioned.
Who was in attendance when Fannie CEO Daniel Mudd called Black Congressional Caucus his Family? Were these the same politicians fighting regulation of Fannie and Freddie 3 years ago. Was providing extremely high-risk financing their constituents worth the risk of this financial melt down? Did their gamble/incompetence cost you your retirement? See my other clips [...]
EmploymentCrossing.com Many employees are feeling nervous about their job security, but some industries are more at risk than others during the current economic crisis. As of September 2008, 760,000 jobs have been lost this year, according to data from the Bureau of Labor Statistics. Also, a quarter of U.S. employers expect to make layoffs in [...]