文章基本信息

标题：Financial Innovations and the Actual Crisis
本地全文：下载
作者：Suciu Titus
期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2012
卷号：12
期号：2
语种：English
出版社：Ovidius University Press
摘要：The paper presents the main financial innovations such as: floating-rate notes,adjustable-rate mortgages,financial derivatives,junk bonds,securitization,collateralized debt obligations (CDO). We consider that the CDO are the main responsible for the present financial crisis and this is the reason for which we devoted to them a more developed paragraph. We think that the solution regarding the banks’ non-performing assets is to take a bank with problems and splitting it in two: a ’’good’’ bank,where all performing assets should go and a ’’bad’’ bank,which should contain all the others. At conclusions the paper includes a paragraph advancing solutions suggested by the author to overcome the economic crisis in Romania.
关键词：crisis;solutions;securitization;collateralized debt obligations