GLOBAL FINANCIAL CRISES AND THE FUTURE OF SECURITIZATION Contents 1. Introduction……………………………………………………………………...3 2. Overview………………………………………………………………………...3 3. Structured-finance securitization ………………………………………………..5 4. Key segments of the securitization market………………………………………6 5. Rating Agencies Deficiencies....................………………………………………8 6. Future of Structured-finance securitization……………………………..……...10 7. Conclusion................................................…………………………………...…11
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Accountancy ACY 6110 Financial Accounting Theory Fall 2011 Professor Kevin C. K. Lam Room 1016 Chung Yu Tung (CYT) Building The Chinese University of Hong Kong Phone: 2609-7894 E-mail: kevinlam@cuhk.edu.hk Webct: http://webct.cuhk.edu.hk Course Scope and Objectives Financial Accounting Theory is concerned with the models‚ hypotheses‚ and concepts that together form the foundation for financial accounting practice. This course introduces modern financial accounting theories and
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Parameters: Funding investments: There are many cases where poor households in developing countries might like to borrow money to make "win-win" investments that improve their own economic well-being and the environment. However‚ no one is willing to loan them enough money to enable them to do so‚ and they often pay high interest rates for whatever money that they can borrow. These households face borrowing constraints. Lenders tend to require some collateral in order for them to obtain
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THE JOURNAL OF FINANCE • VOL. LXI‚ NO. 4 • AUGUST 2006 Corporate Financial Policy and the Value of Cash MICHAEL FAULKENDER and RONG WANG∗ ABSTRACT We examine the cross-sectional variation in the marginal value of corporate cash holdings that arises from differences in corporate financial policy. We begin by providing semi-quantitative predictions for the value of an extra dollar of cash depending upon the likely use of that dollar‚ and derive a set of intuitive hypotheses to test empirically
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Developing value Value- good quality at a fair price Total product offer – everything consumers evaluate when deciding weather to buy something Product differentiation – the creation of real or perceived product differences Convenience goods and services – products consumers purchase frequently with minimal effort. Shopping goods and services – products consumer buy only after comparing values and quality Specialty goods and services – products with unique characteristics and brand identify
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When choosing the appropriate leadership style a leader needs to focus on the readiness level of its followers. The readiness level of followers depends on the degree of education and skills‚ experience‚ self-confidence‚ and work attitude. I scored 1 point in my readiness level‚ which indicates “low” readiness. The appropriate leadership style for my readiness level would be the directing style. Directing style means a high concern for tasks and a low concern for people and relationships. A directing
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Carey Emmerke #677 Smith GPH 320 12/1/13 The Prince: Logical or Illogical? Many times in philosophy people will bounce around the topic of a god‚ and even some who believe a god is real may not necessarily believe that their god is working in their lives daily. For me‚ Yahweh is the only logical explanation for our existence that I can come up with. Most philosophers would look at the last statement and tell me that it is not logical from their point of view for a god to even be in the picture
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An assessment of the long term financial health of the firm is an important task for outsiders like chartered accountants‚ creditors‚ borrowers‚ banks‚ financial institutions‚ public and shareholders considering the extension of credit and for insiders in their formulation of strategy. History abounds with examples of firms that embarked upon properly ambitious programs and subsequently discovered that their portfolio of programs could not be financed on acceptable terms. The outcome frequently was
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QUOCIRCA INSIGHT REPORT November 2007 Contacts: Sharon Crawford Quocirca Ltd Tel +44 7989 243830 sharon/crawford@quocirca.com Operations Management in UK Financial Services How effectively is technology being applied to help to monitor and improve operations performance? The extremely competitive nature of the financial services industry today and the changing landscape of customer expectations and their approach to investing in financial products‚ puts an onus on suppliers to consider
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INSIGHT ESSAY Final Draft Topic: The sure way of getting nothing for something I was perhaps the youngest gambler of my city mainly because I spent my school and college going days gambling. Just two days after I turned 18‚ I was offered a job at the casino where I learned the tricks of the trade from and as I had affections for the casino‚ I started to play from the casino’s side. I was offered before‚ when I was younger‚ from another casino‚ which I refused mainly because I did not like its owner
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