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在短短的数月之间,随着美国华尔街五大投行三家倒闭两家改制,曾经在美国创造过神话的投资银行业彻底坍塌,更压垮了美国金融业脆弱的神经,整个美国的金融体系走到了崩溃的边缘,而这一切的一切不得不归功于场外金融衍生品(OTC)这一美国人引以为豪的金融创新。美国金融危机的爆发深刻地揭示了少数劣质OTC金融衍生品已经成为美国乃至世界金融危机的动力源,而OTC衍生品市场的放大效应与监管缺失,使得OTC金融衍生品市场在国际上扮演了金融瘟疫传播者的角色。
In just a few months, the investment banking industry that once created the myth in the United States collapsed with the collapse of the three big investment banks on the Wall Street in the United States. It also crushed the fragile nerves of the U.S. financial industry. The entire U.S. financial system It has come to the brink of collapse, and all of this has to be attributed to the financial innovation that American over-the-counter derivatives is the American. The outbreak of the financial crisis in the United States profoundly revealed that a handful of inferior OTC financial derivatives have become the power source of the financial crisis in the United States and the world. The amplification effect and lack of supervision in the OTC derivatives market make the OTC financial derivatives market internationally financial The role of plague communicator.