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             2008 .

   ,       .    ()     ,  ,      ,     ,       ,     , ,    .    ( )   ,  ,             .

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                             subprime   .

           .     ,       ,    ,       .

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           .

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 2007.      subprime ,          . -          ,              .

        20.        Northern Rock,    .    ,  17  2008    .

21 2008       ,            .

11     WTI      $147, 27  ,    .

1         ,      .

2  -   ,       2008      ,          .  ,        .

5          57%,     .

7       Fannie Mae  Freddie Mac.  ,            .

9      100   ,      :              .     7,59,1%.

10    Lehman Brothers    45%.       UFG Asset Management  Deutsche Bank 40%    $65.

11      ,       ,    :  ,  .  ,         ,  300 .   ,         .

12     .      6,03%,   3,36%.

13        Figaro :      []  , ,  .

15 Lehman Brothers   .      Bank of America   Merrill Lynch  $50.      $70   ,          11 .       326 .       1  .      ,      668  1,2  .

16        11,47%  17,45%.       AIG     50%.    ,       .         .      ,       2008  ($92  ).

17         -   .     , ,  1,5  .         .     ,    8 .    AIG   $85    80% .

18                   760 .  60 .      .           $372  .  , , ,   ,        $180.

19       .       22%,      .          ڻ  ,   .

21       600 .       8,75% . -            .

22   ,      ,         -    .           ,   $700      .    Goldman Sachs  Morgan Stanley        .        50%        $500.  ,       4 .

23     -,  98%    19 .     22      330,7 .

24         ,    .

25       .      Highland Gold,     .

26         .

28          500 .  2008  2009              .

29            75 .     $50      .            78%  1113% .         Bradford & Bingley,      $85,2.     ,      .

2     ,   ,             .       .         .

6        :     18,6619,10%.     79%,    5,87,2%.       $900      .

7      , ,         {+} 4.  ,    ,         950 .  , ,   -         .        .        .

8          11,2512,35%.       100 .    ,     ,        .   ,         ,    .            .        :       .

9      9,810%.          .

10      .     5,57,6%,     (410%)   (79%).      .    ,       .             .    Standard & Poor's      13     .

11       $9.         .

13   , ,  ,                 .

14      9,9 13,3%.   ,    ,        ,        .

15     Urals   $70    ,       2009     .   11%        .      -         $50.          .       .

16               ,        .            .

17         ,                     27./$(   26,25./$).       ,   ,    .

20              .   ,     120        700 .

21            .

22             .          ,              .

23 Standard & Poor's        .      2530%    .          .

24    :      14%.       10%.  Nikkei   9,6%.     -         1,5   ,      .     ,      , ,     .

26               .

27   -             ,    .       ,              LSE  20%.       .  ,       30%  .

28   Standard & Poor's      ,               ,      .

29        1,5%  1%,       810%.     1214%.      ,       .     ,  X5,   .

30       17,819,5%.

31               .

1      ,      .                 .

6        1,5  ,  3%,    0,5  ,  3,25%.      :        7%,   6,39,6%.

7         .

8       Parex banka    .

10        ,        .            2010    $585,        .     AIG  $150 .

11        $60  .      ,      600 .    .

12         ,    $700-           ,      .

13               .          .

15       G20,   .

16         ,     ,    .

18           .

19         ,      .       ,       :               .

20                2009   24  20%,     400 .       $2,4 ,            2 .  Daimler    42%    $2.

21              -  $1,5.  ,   30      .       Citigroup   20%.

24     Citigroup    7,8%     $20    $306.     717%.             10%       . -   , ,   ,   .

25    ,   $800             .

26       ,   ,       .         40 .          {+}235.

27            . 250        .

28      ,         .




 I. 





 1

 



! ,      ,      . ,      ,   .  :  , ,   .    ,    ,      .   .    ,       ,     .                  , ,   ,     .      .

       .




   


        27,3%.       .     ,       .

       11 .    -   (NYMEX)     $143,33    Brent,              $145,11   Brent.      Urals: 11     $139,88  ;       $141,66.

         .   ,        .          27,3%.      : $100  .             .

     ,     .   ,         7,02%.   3     $1,4472.  ,        9,21%.

    ,           .      2007-   2008-            . ,    ,        ,    (    Treasures)         ,      .

 2008-       .   -     .    ,    ,  .          ,        ,      .

     ,    -,       .       20%,     40%.   ,               $145  .

        ,     .     -   ,    Treasures   ,           - ,   ,  .      ,       .                .             ,   .

       .  11   3      26,7%,           (27,3%).         26,6%,        .




  


7         ,                 Fannie MaeFreddie Mac.        (federal conservatorship),           .

Fannie Mae       (FNMA).           . Freddie Mac           (FHLMAC),      .  7       . ,  ,   (   )   .

   Fannie Mae  Freddie Mac   $5,3 .           .          $12 .  ,     Fannie Mae  Freddie Mac       44,2%  .  .

        ,          .  ,        -  .         :             ,      .

   .       $25.           .          $14,         76%  Fannie Mae  82%  Freddie Mac.

       .    ,               ,        .   Fannie Mae  Freddie Mac      .    ,   .  :       ,        .

    Fannie MaeFreddie Mac  .  ,    .       $200  ,          $5,3 ,          .




 


          .  ,      ,       .       ,  , ,      .

10  -               :    ,         .          , ,      .           .

  ,   ,  ,  .       20%.              1998 .       2008   42%,       (2487 )  46%.

        Fannie Mae  Freddie Mac.             , , ,   ,             .        80% ,   Fannie Mae  Freddie Mac      9%  (     ).       40%    1,5% ,    .

      ,  -    .     ,        .




  


17              1998       .         .       15 ,    Lehman Brothers.           ,    .

 15           Lehman Brothers         .           4%   .       .  Lehman Brothers, ,    ,     ,            .        ,         $6,7. Lehman Brothers        (CDO).    ,         .       , ,  ,         ,  Lehman Brothers.

 Lehman Brothers,                    .  ,     .  ,         , ,           .    ,   ,          .

16 ,      Lehman Brothers (  $30),    $85          American International Group (AIG).     , ,   .         . ,   Libor    1   2,81%, 10   2,92%, 12   3,26%,  17   6,44%.       .

                  , ,   ,  $60  $200.      ,     ,         ,         .    17.00 16       9,06%    .    ,         8%             .    .

    .     : 12.10,     10,6%,       ,     17.00.   4%,       6,4%   .

           .       ,         .   ,        ,  .    ,   30%      .        .             (   ).

 ,              .       ,    .




 ?


27.09.2008.       .                .   ,             .    ,       ,  -             .      ,      ,   .

    ,                .                50%.                  .      ,             ,         .   ,        .       ,       100150 . .

         :   -       ,      .  18     ,     ,         .




   


01.10.2008.           .             .      :          0,79 1,48%.      :   - ,             .

                     $700.   DJIA  6,98%, S&P  8,81%, NASDAQ  9,14%.  ,    ,   4%.

      .           ()   ,   ,     .           1,07%,        5%.  10.31                .            .

 12.30  ,    .        3,64%,   7,27%.     1015         ,           .                 .        1,48%,    0,79%.

        ,  . , , ,         8%,            8,68%.  ,         ,        .  ,             (   2,59%)   ( 2,02%).  ,    ,     ,                   ,          .   ,  ,  ,    ,        .         ,              .            ,        ,            .

     :  - ,         17 .     ,           ,   .  ,        -         .             .  20.30     2,63,4%.




   


04.10.2008.       .       5,28  7,06%,    ,       ,      .       .

     1070,98 ,   7,01%    .       1062,69 ,    4      (1058,84),  17 .      924,55 ,  5,3%    .        16,7%,         1999 .    14,3%;      2006 .

 ,    ,         .               3,24,5%.            1,24%.        ,       ,          2,43,8%         .     21.30   ,            $350   $700.

    .              ,  .      Brent   $86  ,   15% ,     ,      ,   .    $15,3.  ,    10%,    5,96.   (-12%),    $2,3.   (-7%).

 ,    ,     ,        , ,    ,          .   -SI Capital  ,       ,     .     ,    ,     ,  .




  


13.10.2008.          .     ,      :        .    .       ,      .

        ,       :   ,          .      ,    ,        ,      .

   . ,    ,    ,         .          . -     ().

         .          ,           .      .   ,    ,   $500,       $1,4 .

   .      ,       -   ,         ,   .         .        ,    ,           ,   .

      ,        .    ,      ,        ,       ,          ,    -      .       ,          .           ,      ,      .  ,         78. .            67.       ,      . ,     ,           ,     .

          .           ,     . ,    ,  ,    .   ,          ,       ,        .

            ,   ,    ,   .        ,                     .      , 




  .


   .

   ,     (https://www.litres.ru/vladislav-dorofeev/antikrizisnaya-kniga-kommersant-a/)  .

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