Explore the term 'Credit Crunch', its historical context, and its impact on the global economy, particularly highlighting the late 2007 financial crisis.
Explore the world of subprime lending, its high-risk nature, and its pivotal role in the 2007-08 financial crisis. Learn risks and insights into its effects.
Explore the role of monoline insurers in providing credit enhancements for bond issues, their involvement in complex financial instruments, and the impact of the subprime disaster.