美国“两房”危机分析及启示

Fannie and Freddie:Crisis and implications

文章分析了"两房"危机的形成过程,以及美国政府应对"两房"危机的救助措施。虽然美国金融海啸对国内上市银行的投资影响不大,但国内银行业对海外投资与交易的风险管理有待加强。面对全球市场动荡,文章从加强监管、完善政策调控、稳定房地产市场发展,以及提高金融机构风险管理能力等方面提出应对之策。

This paper reveals how the Fannie Mae and Freddie Mac crises came into being and what the US administration did to bail them out. Though the US financial tsunami has not dealt a big blow to the investment of domestic listed banks, China＇s banking sector needs to strengthen its management of risks in offshore investment and transactions. Against the backdrop of the global market turmoil, this paper provides solutions with respect to strengthening supervision, improving policy regulation, stabilizing the real estate market development, and enhancing financial institutions＇ capability of risk management.