ACCA STUDENT BLOG - SeChai http://blogs.accaglobal.com/acca_blog8/ en-GB Fri, 29 May 2009 00:33:18 +0100 http://www.typepad.com/ http://www.rssboard.org/rss-specification AccaStudentBlog-Sechaihttp://feedburner.google.com Credit crisis' - for P4 comrades and others http://feedproxy.google.com/~r/AccaStudentBlog-Sechai/~3/k13_oloihOc/credit-crisis---for-p4-comrades-and-others.html http://blogs.accaglobal.com/acca_blog8/2009/05/credit-crisis---for-p4-comrades-and-others.html My lecturer told me and my peers that the recent article written by our examiner Bob Ryan on 'Toxic Assets' is a must read! Although I do not advise anyone to speculate on the possible exam questions, as I simply feel that the topics related to the credit crisis are quite important in the forth coming exam. I also think that if this topic happened to be an exam question, it wouldn't be exactly the same as the article, and probably more difficult. I have drawn a mind map describing the process of the credit crisis and I have gained... My lecturer told me and my peers that the recent article written by our examiner Bob Ryan on 'Toxic Assets' is a must read! Although I do not advise anyone to speculate on the possible exam questions, as I simply feel that the topics related to the credit crisis are quite important in the forth coming exam. I also think that if this topic happened to be an exam question, it wouldn't be exactly the same as the article, and probably more difficult.

I have drawn a mind map describing the process of the credit crisis and I have gained much by drawing this. Therefore I wish to share with you this mind map. I also suggest you to read Bob's article on 'Toxic Assets' before reading the mind map.

Reading sequence of the mind map should be as follows:
1. Home owners
2. Lenders
3. Investment banks
4. Credit rating agency and Credit default swap
5. Investors
6. Dooms-day
7. Solutions

You may download the pdf file at http://www.scribd.com/doc/15473271/Credit-Crisis

Good luck for the exam!

]]> Students ACCA Fri, 29 May 2009 00:33:18 +0100 http://blogs.accaglobal.com/acca_blog8/2009/05/credit-crisis---for-p4-comrades-and-others.html