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QUESTION

Homework

1. Watch the Youtube video on ''The Crisis of Credit Visualized'' which explains the role of Financial Institutions in 21st Century.

https://www.youtube.com/watch?v=bx_LWm6_6tA

Briefly explain the role of Investor Bankers and the concept of Collateralized Debt Obligations/Sub prime mortgages.

2.Watch the Youtube video on ''Bitcoin:Top 10 basic facts''.

https://www.youtube.com/watch?v=2UC_8NdR1To

Bitcoin is a virtual/digital currency which many people have started opting recently.Share your understanding around What it is? , How it originated? , How it works? Is it a threat to existing Monetary system around the globe? etc.... in not more than 300 words.

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