Download Now Free registration required
In the year and a half since the start of the global financial crisis, many investors and professional capital managers came to the harsh realization that they had been operating without a valid concept of risk/reward, which is critical to any investment decision. Exotic derivatives had been created, analyzed, rated, and traded that often times neither the seller nor the buyer fully understood. Many of the assets that the trusted rating agencies reviewed and classified as investment grade incredibly plummeted in value overnight. At the same time, numerous investors achieved impressive returns based on the overheated market combined with the extreme debt liquidity being offered by lenders.
- Format: HTML
- Size: 0 KB