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.