3. Bonds
Bonds- An Obligation issued by the coorporation
that promises the holder to receive fixed annual
interest payments and payment of the principial
upon maturity
5. Stocks
Stocks- A type of security that signifies
ownership in a corporation and represents a
claim on part of the corporation's assets and
earnings.
9. Financial Intermediaries, Banks
A bank is a financial intermediary that
accepts deposits and channels those deposits
into lending activities, either directly by loaning or
indirectly through capital markets. A bank links
together customers that have capital deficits and
customers with capital surpluses.
11. The Financial Crisis in 2008
The best word for reason of crisis is DEBT.
Mortgage
Lax regulators
Misguided Government policies
Outright Fraud
12. Low Interest Rates 2002-2004
Aggressive Borrowing
Deregulation in the Housing Market
Fannie Mae and Freddy Mac
Standard`s and poor and Moody`s
Lehman Brothers Bear Stearns and Merrill Lynch
Morgan Stanley and Goldman Sachs
13. SOURCES
Book: Macro Economy Chapter 5
For the Stock and Bond definitions:
http://www.investopedia.com/terms/s/stock.asp
For the Stock and Bond terms:
http://www.investopedia.com/terms/s/stock.asp
For the Financial Intermediaries, Banks :
http://en.wikipedia.org/wiki/Bank
For the Crises of 2008 :
1)
http://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80
%9308
2) http://www.investopedia.com/articles/economics/09/financial-
crisis-review.asp
