What is a commercial bank and how do they act and what is a


1. What is a commercial bank? How do they act?

2. What is an investment bank? How do they act?

3. What is a Ponzi Scheme?

4. What is a security? Name 2 or 3 different type of securities?

5. What is a securitization?

6. What is "Shadow Banking System"? How did it happen? Who named it?

7. What is a hedge fund?

8. What is a CDO? What is their role in the new financial system?

9. What was Glass-Steagall Act?

10. What is Gramm-Leach-Bliley Act?

11. Explain the cause s of the financial crisis in 2007-2009? Please discuss if you agree on deregulation during these years? Discuss if you believe regulation or deregulation in the financial system.

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