Bear Stearns

interested in new homes and the value of the housing market started to decrease. Many subprime bank lenders were forced to file for bankruptcy. The government decided they had to get involved when Bear Stearns one of the biggest investment firms in the U.S tanked. Thousands of people went down with Bear Stearns there shares had gone from being 30 dollars per stock to almost nothing. However, the government decided to bail them out along with a few others. Economists differ on the question of…

There are lots of reports, attention, and even movies record this famous financial issue. In the movie “Margin Call”, John Tuld (very similar with Richard Fuld, who was the CEO of the Lehman Brother) said, the toxic aspect of its asset make it dangerous enough to death, and will be transferred easy relatively. 2000 is the 150 anniversary of Lehman Brother. The World Trade Center Office of Lehman Brother destroyed in 2001 “9.11”, and move to Manhattan 2002. During 2002, Lehman Brothers build it…

Kyle Bass is a very well known American Hedge Fund Manager. Kyle is also a very calculating man that doesn't mind playing the waiting game, if it is going to return big funds. The fact is that Bass is carefully watching the Chinese economy that is currently spiraling out of control. He's got his fingers crossed and praying that the Chinese economy nose dives completely. Bass believes that the Chinese will take major risk to revive the economy. Bass believes taking such big risk will devalue…

Christopher Gardner Christopher Gardner is a successful entrepreneur and has an inspiring story. He was the inspiration for the 2006 movie “The pursuit of happiness” in which the famous actor Will Smith played him. ( Bloomberg, 2016) Chris Gardeners’ Quotes “There is no plan B for passion.” Chris Gardner “Always, always pursue happiness.” Chris Gardner “Claim ownership of your dreams.” Chris Gardner (hoangchautks, 2016) His story He was born on the 9th of February in Milwaukee,…

At the beginning of the year, many Fed officials, including Chairman Ben Bernanke, thought one of the biggest risks was that the economy might grow stronger than expected. At the time, the Fed's key interest rate was at 5.25%, and the central bank was leaning toward raising it further, rather than easing monetary policy. "My recommendation also is to take no action and to maintain a bias toward further tightening," Bernanke said at the first meeting of the year, noting that inflation risk had…

terrible financial crisis of 2007-08 was that Lehman brother being so big and as it collapsed, that it would impact the world greatly. You can say the starting point of this Financial crisis started on august 2007,the credit crisis erupted and Bear stearns had 2 hedge funds that failed, which led to Lehman’s stocks to…

When the financial crisis of the late 2000s hit, it revealed evident weaknesses in the U.S. financial regulatory structure. The Dodd-Frank Wall Street Reform and Consumer Protection Act is a United States federal law that was enacted in July 2010, following the financial crisis, to create financial regulatory processes to limit risk by enforcing both transparency and accountability. We are going to review the major costs and benefits of the new regulation standards and the effect it has had on…

The financial crisis of 2007-2008 was the most financially detrimental event since the Great Depression, which had a great effect on investment and banking systems; leading to a recession. One company in particular largely involved was Freddie Mac. Freddie Mac, also named the Federal Home Loan Mortgage Corporation, is a public government sponsored enterprise and designed to expand the secondary market mortgages in the U.S. alongside Fannie Mae (prmia.org). Further discussion will include…

One way to sum up the great recession: we're still feeling the ripple effect. Many cities have been reduced to rubble where there was once great industry and a thriving community with a promise of a greater, more successful tomorrow. The American dream of owning a home, cars and property reduced to nothing more than just that, a dream. As we witnessed in Anthony Bourdain's documentary, "Parts Unknown": Detroit, one of the greatest cities of progress and manufacturing now covered with graffiti…

at the famously undercover Federal Reserve. Alan Greenspan got a kick out of the chance to develop a quality of riddle. When Bernanke ventured down, the Fed executive was holding four news gatherings a year. The shortness of breath with which Bernanke portrays this advancement — four news gatherings a year! — Accidentally demonstrates his point (https://www.federalreserve.gov/monetarypolicy/bst_crisisresponse.htm). As Bernanke himself tells the story, he maybe came to appreciate wearing the…