目录 Topic One Historical Financial Crisis Unit 1 Tulip Mania 郁金香疯狂 Unit 2 The South Sea Company 南海公司 Unit 3 Mississippi Company 密西西比公司 Topic Two Recent Financial Crisis Unit4 The Great Depression 大萧条 Unit 5 Palai Central Bank 帕莱中心银行 Unit6 Barings Bank 巴林银行 Unit 7 Long Term Capital Management 长期资本管理公司 Unit8 Bank of Credit and Commerce International 国际信贷商业银行 Unit9 Japan’S Asset Bubble 日本资产泡沫 Unit 11 NetBank 网络银行 Unit l2 Northem Rock 北岩银行 Unit l3 Societe G6n6rale Trading Loss Incident 法国兴业银行交易损失事件 Unit l4 The 2008 Icelandic Financial Crisis 2008年冰岛金融危机 Topic Three 2008 U.S.Credit Crisis Unit l5 Bear Steams 贝尔斯登公司 Unit l6 IndyMac Bank 加州银行 Unit l7 Bankruptcy of Lehman Brothers 雷曼兄弟公司破产 Unit l8 History of Lehman Brothers 雷曼兄弟公司的历史 Unit l9 Washington Mutual 华盛顿互惠银行 Unit 20 Federal Takeover of Fannie Mae and Freddie Mac 美国政府接管房利美与房地美
精彩内容 During the Crash of 1929 proceeding theGreat Depression, margin requirements wereonly 10%. Brokerage firms, in other words,would loan $9 for every $1 an investor haddeposited. When the market fell, brokers calledin these loans, which could not be paid back.Banks began to fail as debtors defaulted ondebt and depositors attempted to withdrawtheir deposits en masse24, triggering multiplebank runs. Government guarantees and FederalReserve banking regulations to prevent suchpanics were ineffective or not used. Bankfailures led to the loss of billions of dollarsin assets. Outstanding debts became heavierbecause prices and incomes fell by 20%-50% but the debts remained at the same dollaramount. After the panic of 1929, and during thefirst 10 months of 1930, 744 U.S. banks failed.(In all, 9,000 banks failed during the 1930s). By1933, depositors had lost $140 billion in deposits. Bank failures snowballed as desperatebankers called in loans which the borrowersdid not have time or money to repay. Withfuture profits looking poor, capital investmentand construction slowed or completely ceased. ……
以下为对购买帮助不大的评价