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Use of Derivatives in Financial Industry Paper The use of derivatives within financial institutions is considered to have contributed the financial crisis

Use of Derivatives in Financial Industry Paper The
use of derivatives within financial institutions is considered to have
contributed the financial crisis in 2008. Assess how the use of
derivatives contributed to significant losses in the financial industry,
indicating how such losses may be mitigated in the future. Provide a
rationale for your response.
Some
economists and bankers believe that derivatives make the market safer.
Agree or disagree with this statement, providing support for your
position.
Please
provide one citation/reference for your initial posting that is not
your textbook. Please do not use Investopedia or Wikipedia.

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