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Factors that Contributed to the  Global Financial Crisis WILLIAM R. HOLLAND FELLOW PROGRAM  FOR BUSINESS STUDY IN ASIA May 12, 2009 Fudan University Mr. Hong Leiming Ms. Tang Lu Ms. Zhang Wenqian Mr. Zhang Jianxin Appalachian State University Ms. Anna Gaugert Ms. Mary Herron Mr. David Wilson Ms. Catherine Wood Mary “Beth” Herron 25.06.09
ABOUT ME… ,[object Object],[object Object],[object Object],[object Object]
WHAT CAUSED THE FINANCIAL CRISIS? ,[object Object],[object Object],[object Object],[object Object]
WHAT CAUSED THE FINANCIAL CRISIS? ,[object Object],[object Object],[object Object],[object Object]
RELAXED MORTAGE LENDING STANDARDS ,[object Object]
RELAXED MORTAGE LENDING STANDARDS ,[object Object],Subprime Alt-A (Alternative A) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
WHAT CAUSED THE FINANCIAL CRISIS? ,[object Object],[object Object],[object Object],[object Object]
HOUSING BUBBLE
HOUSING BUBBLE 83% increase
HOUSING BUBBLE ,[object Object],[object Object],[object Object],[object Object]
HOUSING BUBBLE ,[object Object],[object Object],[object Object],[object Object]
HOUSING BUBBLE ,[object Object],[object Object],[object Object],[object Object],Definition : Price the borrower pays to the bank for the use of the loan money
HOUSING BUBBLE ,[object Object],[object Object],[object Object],[object Object],Definition : Price the borrower pays to the bank for the use of the loan money
HOUSING BUBBLE ,[object Object],[object Object],[object Object],[object Object],Definition : Price the borrower pays to the bank for the use of the loan money
HOUSING BUBBLE ,[object Object],[object Object],[object Object],[object Object]
HOUSING BUBBLE ,[object Object],[object Object],[object Object],[object Object],Definition : Borrower receives a loan to purchase a home as an  investment , with an intention to sell it in the future for profit
HOUSING BUBBLE ,[object Object],[object Object],[object Object],[object Object],Definition : Borrower receives a loan to purchase a home as an  investment , with an intention to sell it in the future for profit
[object Object],[object Object],[object Object],[object Object],HOUSING BUBBLE
[object Object],[object Object],[object Object],[object Object],HOUSING BUBBLE ,[object Object],[object Object],[object Object],[object Object]
HOUSING BUBBLE  BURST
HOUSING BUBBLE BURST
WHAT CAUSED THE FINANCIAL CRISIS? ,[object Object],[object Object],[object Object],[object Object]
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Banking Systems: Worldwide Financial Crisis CHINA USA
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Hinweis der Redaktion

  1. Since 1997, the index has risen about 83 %
  2. Since 1997, the index has risen about 83 %
  3. Switch Slide 5 with six…..
  4. Switch Slide 5 with six…..
  5. Switch Slide 5 with six…..
  6. An American has a mortgage for a home 100,000, after the bubble burst they could only sell their home for 50,000.
  7. james