Current Financial Issues
Level II ExamWeight: 20%, Full ExamWeight: 10%
63. Gary Gorton, “Information, Liquidity, and the (Ongoing) Panic of 2007,” (January 2009). Available at SSRN:
http://ssrn.com/abstract=1324195.
64. Raghuram Rajan, “Has Financial Development Made TheWorld Riskier?” (September 2005). Available at
http://faculty.chicagobooth.edu/raghuram.rajan/research/finrisk.pdf.
65. FSA, “FSA moves to enhance supervision in wake of Northern Rock: Executive Summary.” Available at
http://www.fsa.gov.uk/pubs/other/exec_summary.pdf.
66. Senior Supervisory Group, “Observations on Risk Management Practices during the Recent Market Turbulence,”
(March 2008). Available at: www.newyorkfed.org/newsevents/ne ... _mgt_doc_final.pdf.
67. John Martin, “A Primer on the Role of Securitization in the Credit Market Crisis of 2007,” (January 2009).
Available at SSRN: http://ssrn.com/abstract=1324349.
68. UBS, “Shareholder Report on UBS’sWrite-Downs,” (April 2008). Available at:
www.ubs.com/1/ShowMedia/investors/shareholderreport?contentId=140333&name=080418ShareholderReport.pdf.
69. Andrew Haldane, “Why Banks Failed the Stress Test,” (February 2009). Available at:
www.bankofengland.co.uk/publications/speeches/2009/speech374.pdf.
70. Andrew Lo, “Hedge Funds, Systemic Risk, and the Financial Crisis of 2007-2008:Written Testimony for the
House Oversight Committee Hearing on Hedge Funds,” (November 2008). Available at:
SSRN: http://ssrn.com/abstract=1301217.