The Subprime Solution notes

Part 4 of 4 - Ethics of the financial crisis Greed Prospect theory Self-serving bias Self-deception Ethical fading Acts of omission Ethical numbing Working with money makes you vulnerable Banking fraud How to improve ethics Banking reforms Can the Global Financial Crisis be prevented in the future

Part 1 of 4 - Why bubbles occur explained using behavioural economics - Globalisation - capitalism - Economic Crisis or Crisis of Economics? Different narratives - Sovereign Debt Crisis versus a Private Sector debt crisis - One of the catalysts of the recent crisis: US Housing market - US Debt Explosion US housing bubble and sub-prime - Growth of sub-prime - Focus of growth in economically depressed areas - NINJA, Piggyback and ARMS - How do you define a “bubble” Introduction to behavio...

Part 1 of 4 - Why bubbles occur explained using behavioural economics - Globalisation - capitalism - Economic Crisis or Crisis of Economics? Different narratives - Sovereign Debt Crisis versus a Private Sector debt crisis - One of the catalysts of the recent crisis: US Housing market - US Debt Explosion US housing bubble and sub-prime - Growth of sub-prime - Focus of growth in economically depressed areas - NINJA, Piggyback and ARMS - How do you define a “bubble” Introduction to behavio...

Part 4 of 4 - Ethics of the financial crisis Greed Prospect theory Self-serving bias Self-deception Ethical fading Acts of omission Ethical numbing Working with money makes you vulnerable Banking fraud How to improve ethics Banking reforms Can the Global Financial Crisis be prevented in the future