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Main components of regulation

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-When and why did the financial services sector become deregulated, and what is the difference between the two main components of regulation, rules and enforcement of the rules?

-How does easy credit differ from regular credit and why is it the most essential ingredient for a bubble?

-What is the difference between a cash crunch and an insolvency, how does this difference determine when a lender of last resort rescues a bank, and how does such a rescue differ from a bailout?

-Do you think the reforms put in at the end of the S&L crisis will prevent such a crisis from happening again?

Reference no: EM133061068

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