The Role Value At Risk (VaR) Played in the 2008 Financial Crisis
Date: 12-23-2012   Visits: 1286

In the aftermath of the 2008 financial crisis, a myriad of factors leading to the calamity were extensively examined by various public and private entities. It became apparent that some factors had played more of a role than others. Some of these critical factors included the secured subprime mortgages from Fannie Mae and Freddie Mac, various forms of collateralized debt obligations (mortgage backed securities), faulty credit ratings, etc. However, one very crucial factor thatwasn’t extensively examined was the risk management of the banking firms themselves, more specifically, the use of value at risk (VaR).

Read more at:
Close window
Sign up in one step, no personal information required. Already a Member?

Repeat Email:
User Name:
Confirm Password:

Sign Up

Welcome to GloriaMundi!
Thanks for singning up

continue or edit your profile