Financial Institutions Management

Test Bank for Financial Institutions Management A Risk Management Approach 7th Edition by Anthony Saunders

ISBN-10:
ISBN-13: 9559

Saunders and Cornett’s “Financial Institutions Management: A Risk Management Approach, 7/e” provides an innovative approach that focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution is chartered as a commercial bank, a savings bank, an investment bank, or an insurance company. Although the traditional nature of each sector’s product activity is analyzed, a greater emphasis is placed on new areas of activities such as asset securitization, off-balance-sheet banking, and international banking.

Source: solutionsmanuals.net April 23, 2014 – 06:29 am

This global financial systemic meltdown cause

2009-10-17 13:07:10 by ZenTechie

Revision < ZenTechie > 10/30 10:08:02
This global financial systemic meltdown cause by the confluence of the following in the US:
-subprime lending which institutions packaged into exotic derivative and sold all over the world.
-investment banks overleveraged and bad risk management.
-government de-regulated and provides excess liquidity.
All above make possible due to incompetence, low moral, ethic and integrity of people in key positions. Not just a few people, but most of the people from Wall Street, K Street to Main Street; a sign of fall of an empire, like Rome