G FF
FBR p
J K p
FRB GM GNP GM GM UAW GM NY GM GM GM GM GM GM
GM GM GM MBA p A B
GM Q GM / / GM G TOPIX VUL V U OMB
ISDA CDS the notional amount outstanding ISDA] CDS CDS CDS Over The Counter OTC FRB FRB FRB OTC
Wall Street Berlin Wall The Huffington Post, Sept. 16th, 2008 p f take accept
CDS ( CDS
p A P
OPEC BW BW
FRB e.g. G W
GM the Reno Gazette Journal: Jan.14, 2008 greed
IT FRB FRB e.g. FRB FRB cf.
NY IT vehicle MBS MBS D H D.H. Meadows et al.: THE LIMITS TO GROWTH A report for the CLUB OF ROME S Project on the Predicament of Mankind, Universe Books (1972), New York. F MIT M R CMO
GS R MIT F The Economist P SEC NRSRO Nationally Recognized Statistical Rating Organization SEC S&P S&L S&L Supply Side Economics
G W CMO CMO NY / BS S&L MCI S&L
T HTTP WWW http BIS BISBIS BIS BIS FRB C FRB Predatory Lending FBR HOEPA Home Ownership Equity Protection Act FBR FRB LTCM JP B CDS Credit Default Swap LTCM M R B A The market can regulate itself.
LTCM NY JP LTCM LTCM IT IT GS Goldman Sachs CEO SEC SEC G Countrywide Financial IT FF FF FF SEC CDS
FF GS CEO L BP f. BIS NBP EU FBR ABCP Q GM BSJP NY FRB BS JP GM Bank of America AIGCDS GDP AIG
GS MS MS NY NASDAC B L HD H M IT e.g P. Volcker FBR L. Summers R. Rubin GS CITI Group T. Geithner PJ Institutional Risk Analyst, Q GM AIG AIG
CEO / / FRB AIG / IMF GFSR CDS IMF / FDIC S&L / CIT GM S&L CIT