The global financial crisis dissection

Abstract

A financial crisis is consisted by a major event or a series of events. Event analysis can be used to analyse the causes of the financial crisis. In this paper, we use the Bear Stearns event and the Lehman Brothers event to analyse the causes of the Global Financial Crisis, find the weakness of our financial system and therefore, we suggest remedy the regulatory shortcomings and intensify the international cooperation within central banks and international financial organisations.