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  • Financial Crisis of 2007-2010 (2) B K D D (2) Background and Causes (3) Graphics

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    송동근
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    4 views12 pages

    Financial Crisis of 2007-2010 (2) B K D D (2) Background and Causes (3) Graphics

    Uploaded by

    송동근

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 12

    2012-04-18

    &CDO,MBS,CDS

    (1) Financialcrisisof20072010

    (2) B k
    (2)Backgroundandcauses
    d d
    (3)Graphics
    (4)CDS
    (5) MBS

    2012-04-18

    Financialcrisisof
    20072010
    2007 2010

    2012-04-18

    1.

    2.
    3.

    2012-04-18

    Background
    and causes
    andcauses
    1. Housing bubble
    2. CDO, MBS
    3.

    2005-2006 Housing bubble


    Loanpackage marketing incentive
    Loanpackage,marketing,incentive

    ( > )

    2012-04-18

    1996-2006 ARM

    CDO, MBS


    MBS CDO

    2012-04-18





    MBS

    , ,

    2012-04-18

    h
    Graphics

    2012-04-18

    or

    2004-2006

    2012-04-18

    CDS

    2012-04-18

    CDS

    CDS

    10

    2012-04-18

    (1)B A
    A:(+),(-)PriceofRisk
    B:(
    B:(-)
    )
    C:(+)PriceofRisk

    (2)B A
    A:(+),(-)PriceofRisk
    B:(-),
    C:(+)PriceofRisk,B A

    MBS

    11

    2012-04-18

    MBS

    MBS

    spc

    spc

    MBS

    12

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