Structured Finance and the Financial Turmoil of 2007-2008: An Introductory Overview
Author(s) -
Sarai Criado,
Adrian Van Rixtel
Publication year - 2008
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.1260748
Subject(s) - structured finance , financial system , economics , finance , corporate finance , financial crisis , business , keynesian economics
This paper provides,an overview of the most,important,structured finance instruments,in the context,of the,development,of the,financial turmoil that started in the,third quarter of 2007 and,continued,into 2008. These financial market,tensions,were triggered by concerns,about exposures,of financial institutions to the ,most ,risky segment ,of the ,US mortgage ,markets , the so-called subprime mortgage market and related financial instruments, which
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