Title
Credit Default Swaps (German Edition),Used
Delivery time: 8-12 business days (International)
Studienarbeit aus dem Jahr 2009 im Fachbereich VWL Finanzwissenschaft, Note: 1,3, Hochschule Aschaffenburg, Sprache: Deutsch, Abstract: 'By design, this [CDS] market [...] has been largely exempt from government regulation [...] But regulation is not only unnecessary in these markets, it is potentially damaging, because regulation presupposes disclosure and forced disclosure of proprietary information can undercut innovations in financial markets [...].' Alan Greenspan, 2002. 'Credit Default Swaps, I think, have serious problems associated with them' Alan Greenspan, 2008. Seit der Erfindung der Credit Default Swaps ist ber ein Jahrzehnt vergangen. Ursprnglich sollten Kreditausfallswaps' den Marktteilnehmern als innovatives Absicherungsinstrument dienen. Dieses Kreditderivat trennt das Kreditrisiko vom zugrunde liegenden Schuldtitel und bertrgt es auf Dritte. Dadurch, so versprach Alan Greenspan im September 2002, knnen Finanzsysteme negative Schocks durch die breitere Verteilung von Risiken auf unterschiedliche Finanzakteure besser kompensieren. Der ehemalige Vorsitzende des Federal Reserve Board pldierte deswegen fr einen weitestgehend deregulierten Markt. Als im Jahr 2007 die Immobilienblase platzte und zahlreiche Kredite ausfielen, mussten enorme Betrge in den Kreditportfolios abgeschrieben werden. Dies fhrte zur Akquisition von Bear Stearns, zur Insolvenz von Lehman Brothers und zur Verstaatlichung von AIG im Jahr 2008. Durch den Ausfall groer Marktteilnehmer entstand gleichzeitig die Gefahr einer systemischen Krise, die Finanzapokalypse des 21. Jahrhunderts. Daraufhin gestand Alan Greenspan im Oktober 2008 die Risiken und Probleme im Umgang mit CDS nur unzureichend reflektiert zu haben. Diese Arbeit beschftigt sich daher mit der Entstehung des Gefahrenpotentials, das von CDS ausgeht, deren Auswirkungen auf die Finanzmrkte und den Manahmen zur Regulierung des Marktes.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.