Podcast
Questions and Answers
What was the approximate amount of taxpayers' money injected into the financial system to prevent a crisis in 2008?
What was the approximate amount of taxpayers' money injected into the financial system to prevent a crisis in 2008?
- 700 billion Dollars (correct)
- 1 trillion Dollars
- 500 billion Dollars
- 2 trillion Dollars
Which financial institutions were heavily invested in mortgage-backed securities and CDOs?
Which financial institutions were heavily invested in mortgage-backed securities and CDOs?
- Only Asian banks
- Banks from the United States and Europe (correct)
- Only US banks
- Only European banks
What was one of the regulatory changes introduced as a result of the 2008 crisis?
What was one of the regulatory changes introduced as a result of the 2008 crisis?
- BASEL-III guidelines (correct)
- Glass-Steagall Act
- Dodd-Frank Act
- BASEL-II guidelines
What is the criticism of the BASEL-III guidelines, according to the author?
What is the criticism of the BASEL-III guidelines, according to the author?
Why did banks from around the world participate in the mortgage-backed securities and CDO markets?
Why did banks from around the world participate in the mortgage-backed securities and CDO markets?
What is the current state of financial markets, according to the author?
What is the current state of financial markets, according to the author?
What was the primary reason behind the bankruptcy of AIG?
What was the primary reason behind the bankruptcy of AIG?
What was the primary motivation behind the widespread issuance of subprime mortgages?
What was the primary motivation behind the widespread issuance of subprime mortgages?
What was the total loss estimated to have exceeded during the 2007-2008 financial crisis?
What was the total loss estimated to have exceeded during the 2007-2008 financial crisis?
Which institution played a crucial role in bailing out the banks during the 2007-2008 financial crisis?
Which institution played a crucial role in bailing out the banks during the 2007-2008 financial crisis?
What was the underlying cause of the 2007-2008 financial crisis, according to the text?
What was the underlying cause of the 2007-2008 financial crisis, according to the text?
What was the consequence of the failure of mortgage-backed securities, according to the text?
What was the consequence of the failure of mortgage-backed securities, according to the text?
What was the main outcome of the 2009 Supervisory Capital Asset Program (SCAP) in the United States?
What was the main outcome of the 2009 Supervisory Capital Asset Program (SCAP) in the United States?
Which act was implemented in 2010 in the United States as a response to the 2008 financial crisis?
Which act was implemented in 2010 in the United States as a response to the 2008 financial crisis?
What is the purpose of the Comprehensive Capital Analysis and Review (CCAR) in the United States?
What is the purpose of the Comprehensive Capital Analysis and Review (CCAR) in the United States?
What is the minimum asset threshold for banks to be considered 'too big to fail' in the United States?
What is the minimum asset threshold for banks to be considered 'too big to fail' in the United States?
How many banks failed the 2014 stress test conducted by the European Banking Authority?
How many banks failed the 2014 stress test conducted by the European Banking Authority?
What is the main objective of stress testing in the banking industry?
What is the main objective of stress testing in the banking industry?
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