Bank of Japan

Financial Crisis and its Impact Outline I. Introduction-Thesis Statement A. To better understand the financial crisis of 2007 and its impact on financial markets and financial institutions one must get to the core to see the causes and conditions that enabled us to happen. To do this an in-depth look must be taken on the following: 1. The cause of problems for financial institutions during the financial crisis itself. 2. The impact the financial crisis had on financial market liquidity. 3. Risk…

Real estate myths are all too common, however, they can be “debunked” with a proper explanation. I know you’re asking yourself, what myths could possibly exist in real estate? Here are the 10 real estate myths, in no specific order, that are commonly heard and misconstrued by the general population. All Real Estate Agents Are The Same his myth can lead to buyers and sellers making big mistakes when selecting a real estate agent to represent their interests. Every agent has different skills,…

those companies would one day become profitable, and many investors abandoned a cautious approach in fear of not being able to cash in on the growing use of the internet. (Dotcom Bubble Definition). In the year 2000 Eliot Spitzer sued eight investment banks for conflict of interest and recommending dot-com stocks they thought were junk. The lawyers had reached settlements totaling $1.4 billion in fines in the year 2002. (Inside Job). Through 2000 to 2005 the investigations of Fannie Mae and…

When financial crisis in 2008 happened, I was only a middle school student and had no ideas what exactly happened and what caused it to happen. As I grow older, knowing I wanted to major in Business, I started to have interests in the crisis. I really wanted to truly understand the crisis, and someone recommended me to watch the movie, Too Big to Fail. I learned that housing bubbles were the main cause of the crisis, and the government tried everything to save multiples firms, including Fannie…

Debtor Beware: Debt Collectors Find Their Silver Bullet Clifford Cain Jr. discovered that a debt collection company had garnished his bank account and taken around $4500 to cover an old debt they said he owed. Cain said that he did not even know that he had been sued until he found out that the money was gone from his account. Midland Funding is part of Encore Capital Group, a gigantic debt collection agency. They did not just go after Cain, but many other residents of Baltimore with the…

that most of the financial crisis have a lot to do with unethical behavior. Starting from the politians that allow the big financial intuitions to play with the money of the consumer. One of the biggest problem during the 2008 crisis was that the banks were giving loan to basically anyone that had an income, but with a high interest rate causing these people to make impossible for them to keep up with the monthly payments. I always find interesting how the people with white collar jobs get to…

From 2008 through 2012, 481 FDIC insured banks were either liquidated or merged with healthier institutions. Credit Unions saw 136 involuntary liquidations or assisted mergers at the hands of the National Credit Union Share Insurance Fund. In 2009, Credit Unions saw their delinquency for mortgage loans peak at 1.61 percent compared to 8.86 percent at the banks. Many of the largest corporate credit unions in the United States invested in troubled mortgage-backed securities which resulted in…

The act of submitting fraudulent claims is nothing new; many third-party payers are often the victim of these crimes. As a working individual that pays taxes through payroll deductions, like many Americans that have a contribution towards the Medicare program. I have a right to know where funds go and how they are disbursed. The reason I chose this particular regulation because there was a similar case of an Optometrist submitted fraudulent claims to Medicare. Dr. Sponseller was sentenced to…

the biggest economic policy accomplishment the government has made under president Obama is the establishment of the Consumer Financial Protection Bureau. The agency was founded in 2011, and has helped millions of Americans recover money from the banks that victimized them. Right now the organization is under threat of being closed down by Republicans. If the CFPB is closed down consumer stand to lose possibly their biggest Ally in the financial world. If this does happen it will not be without…

Survey, 2014). Consumers often choose a company based on how they feel treated rather than the rates they might receive. Unethical decisions destroy the reputation of the company, as well as people feelings about it. Working as an intern at a local bank, it was clear that if a customer felt welcomed and appreciated than they were much more likely to do business even if they could make more or save more money at a different institution. Having a negative image and reputation can easily cause…