Timeline:25 March 2017 11:59pm.
1. Watch the Youtubevideo on ”The Crisis of Credit Visualized” which explains the role of FinancialInstitutions in 21st Century.
Briefly explain the role of Investor Bankers and the concept ofCollateralizedDebt Obligations/Sub primemortgages.
2.Watch this Film from St. Lawrence College Library on ”House of Cards: America’s Mortgage Meltdown”
Briefly answer the following questions
a. What was the economic impact ofSubprimecrisis?
b. What was the plan of AlanGreenspanChairmanFederal Reserve?Why he proposed it? Do you think the plan led to the Housing Crisis.
c. What is the Outline of Credit Crisis in US housing market in 2007?5. What areCollateralizedDebt Obligation? HowNarvik the Ice Free Port in Norway related to the Wall Street?
d. Who is DanielSadak?
e. What is the Role of Greed in Market Collapse ?
3.Watch theYoutubevideo on”Bitcoin:Top 10 basic facts”.
Bitcoinis a virtual/digital currency which many people have started opting recently.Share your understanding around What it is? How it originated? How it works?Is it a threat to existing Monetary system around the globe? etc…. in not more than 300 words.
N.B.: For further understanding feel free to use the Internetand college Library on demand videos journals newspapers and monthly magazines.