What role did the swap market play in the financial crisis of 2008-2009?

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Question Posted: Dec 17, 2015 05:14 AM

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What role did the swap market play in the financial crisis of 2008-2009?

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The financial crisis showed just how much risk the swap market can present to FIs and the global financial system Specifically as the subprime mortgage market began to fail in the summer of 2008 subpr...View the full answer

Financial Institutions Management A Risk Management Approach

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