CAS PO 111 Study Guide - Midterm Guide: Toxic Asset, Market Failure, Evaporation

• School: Boston University
• Department: Political Science
• Course: CAS PO 111
• Professor: Graham Wilson

Document Summary

Filibusters have been removed as an option against most presidential nominees (ny times) consequences of this change maybe retaliation in legislature increase party politics in senate. Great recession: what started it, evaporation of credit, bank failures, what caused it, risk v. uncertainty, common but flawed strategies for dealing with risk, toxic assets, whose fault was it, market failure, green span. - those of us who have looked to the self-interest of lending institutions to protect shareholders" equity, myself included, are in a state of shocked disbelief, he told the. Short term: stimulus, tarp, qe, low interest rates.