Causes of the Financial Crisis

Causes of the Financial Crisis

Date: January 29, 2009
Creator: Jickling, Mark
Description: This report sets out in tabular form a number of the factors that have been identified as causes of the financial crisis that began in 2007. The left column of Table 1 summarizes the causal role of each such factor. The next column presents a brief rejoinder to that argument. The right-hand column contains a reference for further reading. Where text is given in quotation marks, the reference in the right column is the source, unless otherwise specified.
Contributing Partner: UNT Libraries Government Documents Department
Barriers to Corporate Fraud: How They Work, Why They Fail

Barriers to Corporate Fraud: How They Work, Why They Fail

Date: December 27, 2004
Creator: Jickling, Mark
Description: The report focuses on the internal controls on American corporations (including corporate governance, business ethics, managerial structure and compensation, internal counsel, and whistleblowers), as well as external controls (government regulation, external auditors and accountants, and the judicial process). A recurring theme is the limited efficacy of many safeguards and watchdogs in cases of "control fraud," where fraud is directed or abetted by top management, and where unethical or abusive practices may become the organizational norm. Another broad question raised by the report is whether the post-Enron scandals were a one-time event, made possible by the stock market bubble of the 1990s and several other unique historical developments which together constituted a "perfect storm," or whether fraud is a cyclical phenomenon associated with the end of long bull markets.
Contributing Partner: UNT Libraries Government Documents Department
Causes of the Financial Crisis

Causes of the Financial Crisis

Date: April 9, 2010
Creator: Jickling, Mark
Description: The financial crisis that began in 2007 spread and gathered intensity in 2008, despite the efforts of central banks and regulators to restore calm. By early 2009, the financial system and the global economy appeared to be locked in a descending spiral, and the primary focus of policy became the prevention of a prolonged downturn on the order of the Great Depression. This report sets out in tabular form a number of the factors that have been identified as causes of the crisis. The left column of Table 1 below summarizes the causal role of each such factor. The next column presents a brief rejoinder to that argument. The right-hand column contains a reference for further reading.
Contributing Partner: UNT Libraries Government Documents Department
The Enron Loophole

The Enron Loophole

Date: July 7, 2008
Creator: Jickling, Mark
Description: This report discusses the Commodity Exchange Act that exempts certain energy derivatives contracts from regulation by the Commodity Futures Trading Commission (CFTC).
Contributing Partner: UNT Libraries Government Documents Department
Hedge Funds: Should They Be Regulated?

Hedge Funds: Should They Be Regulated?

Date: July 13, 2009
Creator: Jickling, Mark
Description: Hedge funds are essentially unregulated mutual funds. They are pools of invested money that buy and sell stocks and bonds and many other assets, including foreign currencies, precious metals, commodities, and derivatives. Hedge funds are structured to avoid Securities and Exchange Commission (SEC) regulation. In view of the growing impact of hedge funds on a variety of financial markets, the SEC in October 2004 adopted a regulation that required hedge funds to register as investment advisers, disclose basic information about their operations, and open their books for inspection. This report discusses various legislation before the 111th Congress that would impose various types and amounts of SEC regulation upon hedge funds.
Contributing Partner: UNT Libraries Government Documents Department
Standard & Poor's Downgrade of U.S. Government Long-Term Debt

Standard & Poor's Downgrade of U.S. Government Long-Term Debt

Date: August 9, 2011
Creator: Jickling, Mark
Description: This report discusses the lowering of the U.S. government debt credit rating by Standard & Poor's (S&P) on August 5, 2011. It discusses the reasons behind the lowered credit rating and implications for the U.S. economy, other debt markets, and banking regulations.
Contributing Partner: UNT Libraries Government Documents Department
Primer on Energy Derivatives and Their Regulation

Primer on Energy Derivatives and Their Regulation

Date: July 15, 2008
Creator: Jickling, Mark
Description: This report presents basic information about over-the-counter(OTC) markets, the instruments traded, the regulatory framework, speculation, and current legislative proposals.
Contributing Partner: UNT Libraries Government Documents Department
Regulation of Energy Derivatives

Regulation of Energy Derivatives

Date: July 7, 2008
Creator: Jickling, Mark
Description: This report analyzes the development of regulation for energy derivatives (financial contracts whose value is linked to changes in the price of some energy product). Regulation may be needed [1] to help prevent abusive trading and price manipulation, and [2] to help prevent the failure of a large derivatives dealer which could trigger disruptions of supplies and prices in oil and gas markets.
Contributing Partner: UNT Libraries Government Documents Department
Regulation of Energy Derivatives

Regulation of Energy Derivatives

Date: June 9, 2008
Creator: Jickling, Mark
Description: This report analyzes the development of energy derivatives regulation and proposed legislation.
Contributing Partner: UNT Libraries Government Documents Department
Regulation of Energy Derivatives

Regulation of Energy Derivatives

Date: July 7, 2008
Creator: Jickling, Mark
Description: This report analyzes the development of energy derivatives regulation.
Contributing Partner: UNT Libraries Government Documents Department
FIRST PREV 1 2 3 4 5 NEXT LAST