[산업윤리] Banking Industry Meltdown-The ethical and financial risks of derivatives

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[산업윤리] Banking Industry Meltdown-The ethical and financial risks of derivatives에 대한 자료입니다.
목차
1.Subprime mortgage crisis
-Background of subprime mortgage crisis
-Definition of Derivatives
2.The example of misconduct
United Bank of Switzerland (UBS)
Lehman Brothers
Problem of derivatives
3.Conclusion
4. Implication
본문내용


Early 2000, American was in an economic recession from Information Technology Bubble Decay, 9.11, Iraq war.

So America enforced Low interest rates to stabilize the economy.

After then, Housing Finance Interest was decreased and Real estate Price was increased.
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