ScholarLens Back to search
2012•Dialnet (Universidad de la Rioja)Requires access

Financial innovations: role of CDOs, CDS and securitization during the US financial crisis 2007-2009

Bilal Aziz Poswal

Open publisher page 2 citations

Abstract

This Paper seeks to explain the role of Financial Innovations behind the Financial Crisis 2007-2009 with a special focus on the Collateralized Debt Obligations, Credit Default Swaps and Securitization, there role in US Financial System and how these factors generated and worsen the crisis. Financial Crisis 2007-2009 which starts from the United States sub-prime Mortgage market and spread to US financial sector and later on spread to the rest of world is said to be the even bigger crisis than the Great Depression of 1929. This crisis is unique in this way that in history we haven’t seen such a bigger impact world wide from any crisis. This paper would analyze the main causes which are right in the heart of the crisis and least discussed.

About this research paper

What this paper is about

This Paper seeks to explain the role of Financial Innovations behind the Financial Crisis 2007-2009 with a special focus on the Collateralized Debt Obligations, Credit Default Swaps and Securitization, there role in US Financial System and how these factors generated and worsen the crisis. Financial Crisis 2007-2009 which starts from the United States sub-prime Mortgage market and spread to US financial sector and later on spread to the rest of world is said to be the even bigger crisis than the Great Depression of 1929. This crisis is unique in this way that in history we haven’t seen such a bigger impact world wide from any crisis. This paper would analyze the main causes which are right in the heart of the crisis and least discussed.

Why it matters

OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

This Paper seeks to explain the role of Financial Innovations behind the Financial Crisis 2007-2009 with a special focus on the Collateralized Debt Obligations, Credit Default Swaps and Securitization, there role in US Financial System and how these factors generated and worsen the crisis. Financial Crisis 2007-2009 which starts from the United States sub-prime Mortgage market and spread to US financial sector and later on spread to the rest of world is said to be the even bigger crisis than the Great Depression of 1929. This crisis is unique in this way that in history we haven’t seen such a bigger impact world wide from any crisis. This paper would analyze the main causes which are right in the heart of the crisis and least discussed.

Key concepts: Collateralized debt obligation, Securitization, Financial crisis, Financial system, Structured finance, Credit default swap, Business, Subprime mortgage crisis

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Financial innovations: role of CDOs, CDS and securitization during the US financial crisis 2007-2009 — Research Paper | ScholarLens