Black Swan Event: Definition, Characteristics, and Impact
A black swan event is a rare, unpredictable occurrence with severe consequences.…
Tarp (Troubled Asset Relief Programme)
The Troubled Asset Relief Programme (TARP) was a U.S. government program established…
Sub-prime Loans Explained
Sub-prime loans are mortgages offered to borrowers with poor credit history. They…
Special Liquidity Scheme
A special liquidity scheme is a financial arrangement designed to inject temporary…
Credit Crunch: Understanding the Financial Squeeze
A credit crunch is a sudden reduction in the general availability of…
Collateralized Debt Obligations (CDOs) Explained
CDOs are complex financial products that pool together various debt instruments like…