Credit derivatives, such as credit default swaps, can amplify financial crises by allowing institutions to take on excessive risk without fully understanding their exposure. During the 2008 financial crisis, these instruments contributed to the collapse of major financial institutions, as they were often used to insure against defaults on mortgage-backed securities. The lack of transparency and regulation in the credit derivatives market further exacerbated the crisis, leading to a loss of investor confidence and a systemic downturn in the global economy. Ultimately, their misuse highlighted the interconnectedness of global financial systems and the potential for localized failures to trigger widespread turmoil.
none
If you had a part in causing the financial crisis you will likely be considered a criminal- especially if life saving were lost- whether intended by you or not!
The current crisis (circa 2009/2010) is the worst economic crisis of American history, but the same is true for almost every country of the developed World. Part of the cause may be due to policies of the US government but the same can also be said for other countries. It possible that the expense of wars in Afghanistan and Iraq have made the crisis a little worse.
True
Yes, one violated Regulation B in the Equal Credit Opportunity Act (ECOA). If a credit report was used as part of the criteria for denying credit, then the Fair Credit Reporting Act (FCRA) may also have been violated.
The word derivatives is a noun. It is the plural form of the noun derivative.
Crisis is a noun.
All the time. It seems that the wealthier a nation is, the higher the levels of complaints. Australia was in a good position to weather the economic crisis, but certain actions on the part of government leaders have rendered Australia far more vulnerable to the global crisis - and as a result, complaints have increased.
Global is an adjective, as in the case of "global confusion" or "global economy".
Global is an adjective and warming is a noun.
The sales of a Mercedes Benz today are dramatically lower than those from a decade ago, in large part due to the impact of the 2008 global financial crisis.
An Amadori compound is any of a family of derivatives of aminodeoxysugars formed in food as part of the Maillard reactions.
No, Expedia does not offer a credit card as part of their services.
States rights
The crisis in a story is the turning point in the story. This is where the trend for all future events is set.
going green is to prevent global warming.
Very Badly!