Introduction to the financial crisis 2
Causes and results of the financial crisis 3
A low interest-rate environment 3
Demand for high-yielding assets 3
Faulty risk assumption and due diligence process 3
Complex Structuring and Investment Vehicles 4
Role of Ratings Agencies 4
Principal- Agent divergence 4
Regulatory Issues 4
Lack of Transparency 4
Monetary policy during crisis: Intervent.....