A black swan event is a rare, unpredictable occurrence with severe consequences. It's characterized by its extreme impact, retrospective predictability,…
The Troubled Asset Relief Programme (TARP) was a U.S. government program established in 2008 to stabilize the financial system during…
Sub-prime loans are mortgages offered to borrowers with poor credit history. They often come with higher interest rates and fees…
A special liquidity scheme is a financial arrangement designed to inject temporary funds into a market or institution facing a…
A credit crunch is a sudden reduction in the general availability of loans or credit, or a sudden tightening of…
CDOs are complex financial products that pool together various debt instruments like mortgages and bonds, then slice them into tranches…