Section B (2 Mark)The lesson from the credit crisis of 2007-2009 is that securitized assets...

AAFM CWM_LEVEL_2 Question Answer

Section B (2 Mark)

The lesson from the credit crisis of 2007-2009 is that securitized assets and credit swaps are:

Complex financial instruments

Difficult to correctly value and measure in terms of risk exposure

Possible to set in motion a financial contagion that cannot be easily stopped without active government intervention

All of the above are correct

CWM_LEVEL_2 PDF/Engine

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