金融危机英语作文
What Caused The Financial Crisis?
I think we can sum up(总结,概括) the cause of our current economic crisis in one word — GREED(贪婪).
Over the years, mortgage lenders were happy to lend money to people who couldn‘t afford their mortgages. But they did it anyway because there was nothing to lose. These lenders were able to charge higher interest rates and make more money on sub-prime loans. If the borrowers default,they simply seized the house and put it back on the market. On top of that, they were able to pass the risk off to mortgage insurer or package these mortgages as mortgage-backed securities. Easy money!and what went wrong with our financial system?
The whole thing was one big scheme. Everything was great when houses were selling like hot cakes and their values go up every month. Lenders made it easier to borrow money,and the higher demand drove up house values. Higher house values means that lenders could lend out even bigger mortgages, and it also gave lenders some protection against foreclosures. All of this translates into more money for the lenders, insurers, and investors. Unfortunately, many borrowers got slammed when their adjustable mortgage finally adjusted. When too many of them couldn‘t afford to make their payments, it causes these lenders to suffer from liquidity issue and to sit on more foreclosures than they could sell. Mortgage-backed securities became more risky and worth less causing investment firms like Lehman Brothers to suffer.
我们猜您可能喜欢以下文章: 英语专业毕业生求职自我推荐信银行求职自我介绍(英语)中学英语老师述职报告赴海外留学 各类英语类考试简介托福考试是全世界接受度最高的英语水平测试美国留学 国内学生申请本科留学的入学要求英语教师工作计划托福作文 能让你写出满分作文的四句话GRE阅读 “语言要素”有助于英语能力的提高托福听力 注意考试中四大音变现象 英语作文范文:金融危机英语作文
Moreover,insurers like AIG who insured these bad mortgages also got in trouble. The scheme (体系,结构)worked well, but it reverses course and is now coming back to hurt everyone with a vengeance.
《英语作文范文:金融危机英语作文》由英语编辑整理,更多请访问:/english/我们猜您可能喜欢以下文章: 英语专业毕业生求职自我推荐信银行求职自我介绍(英语)中学英语老师述职报告赴海外留学 各类英语类考试简介托福考试是全世界接受度最高的英语水平测试美国留学 国内学生申请本科留学的.入学要求英语教师工作计划托福作文 能让你写出满分作文的四句话GRE阅读 “语言要素”有助于英语能力的提高托福听力 注意考试中四大音变现象
-
金融实习心得体会[集锦12篇]
当我们受到启发,对生活有了新的感悟时,常常可以将它们写成一篇心得体会,这样可以帮助我们分析出现问题的原因,从而找出解决问题的办法。那么好的心得体会是什么样的呢?以下是小编精心整理的金融实习心得体会,仅供参考,希望能够帮助到大家。金融实习心得体会1这次实习,...
-
银行金融业工作总结范文
总结是把一定阶段内的有关情况分析研究,做出有指导性的经验方法以及结论的书面材料,它可以明确下一步的工作方向,少走弯路,少犯错误,提高工作效益,因此我们要做好归纳,写好总结。如何把总结做到重点突出呢?下面是小编精心整理的银行金融业工作总结范文,欢迎阅读与收藏。...
-
金融学就业方向
金融学就业方向1金融学专业的报考率直居高不下,就业待遇也处于中上水平。但是金融学就业对于学历、院校、专业要求较高,一起看看金融行业的要求吧!1.对于进入大型国企或者国有银行总行工作:北京院校占优势目前,在大型国企和国有银行总行人脉关系和影响力很突出的院...
-
金融个人工作总结范文
总结是对某一阶段的工作、学习或思想中的经验或情况进行分析研究的书面材料,他能够提升我们的书面表达能力,因此好好准备一份总结吧。那么你知道总结如何写吗?下面是小编精心整理的金融个人工作总结范文,仅供参考,希望能够帮助到大家。金融个人工作总结范文1为了实...