Fundamentals of corporate finance canadian 6th edition brealey solutions manual

Illustrates the importance of financial markets and institutions.

Had its roots in the easy-money policies of the U.S. Subprime mortgages packaged into mortgage-backed securities.

U.S. Government had to intervene to rescue institutions.

In Europe the banking crisis became entwined with a sovereign debt crisis.

Greece – largest sovereign default in history.

U.S. Government, U.S. Federal Reserve, rating agencies, bankers promoting products all to blame.