Research on Financial Moral Hazard Based on the Subprime Crisis

This paper analyzes the moral hazard of all participants in financial markets on the background of subprime crisis.The conclusions are as follows:the evolution of the financial system can not eliminate the moral hazard;regulatory authorities should strengthen the prevention of the moral hazard;improvement of system in financial institutions is the key to the moral hazard;the moral education is the fundamental to eliminate the risk of moral hazard of financial professionals;the establishment of a new international monetary system can prevent the national moral hazard.