Question
Financial engineering has been disparaged as nothing more than paper shuffling. Critics argue that resources used for rearranging wealth (that is, bundling and unbundling financial
Financial engineering has been disparaged as nothing more than paper shuffling. Critics argue
that resources used for rearranging wealth (that is, bundling and unbundling financial assets)
might be better spent on creating wealth (that is, creating real assets). Evaluate this criticism.
Are any benefits realized by creating an array of derivative securities from various primary
securities?
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International Financial Reporting Standards An Introduction
Authors: Belverd Needles, Marian Powers
2nd edition
053847680X, 978-1111793234, 1111793239, 978-0538476805
