Question: CDO issuance grew from an estimated $20 billion in Q1 2004 to its peak of over $180 billion by Q1 2007, then declined back under $20 billion by Q1 2008. Further, the credit quality of CDO's declined from 2000 to 2007, as the level of subprime and other non-prime mortgage debt increased from 5% to 36% of CDO assets. As described in the section on subprime lending, the CDS and portfolio of CDS called synthetic CDO enabled a theoretically infinite amount to be wagered on the finite value of housing loans outstanding, provided that buyers and sellers of the derivatives could be found. For example, buying a CDS to insure a CDO ended up giving the seller the same risk as if they owned the CDO, when those CDO's became worthless.
Try to answer this question if possible: When did the issuance of CDO peak?
Answer: Q1 2007
Question: On 20 June 1794, Burke received a vote of thanks from the Commons for his services in the Hastings Trial and he immediately resigned his seat, being replaced by his son Richard. A tragic blow fell upon Burke with the loss of Richard in August 1794, to whom he was tenderly attached, and in whom he saw signs of promise, which were not patent to others and which, in fact, appear to have been non-existent (though this view may have rather reflected the fact that Richard Burke had worked successfully in the early battle for Catholic emancipation). King George III, whose favour he had gained by his attitude on the French Revolution, wished to create him Earl of Beaconsfield, but the death of his son deprived the opportunity of such an honour and all its attractions, so the only award he would accept was a pension of £2,500. Even this modest reward was attacked by the Duke of Bedford and the Earl of Lauderdale, to whom Burke replied in his Letter to a Noble Lord (1796): "It cannot at this time be too often repeated; line upon line; precept upon precept; until it comes into the currency of a proverb, To innovate is not to reform". He argued that he was rewarded on merit, but the Duke of Bedford received his rewards from inheritance alone, his ancestor being the original pensioner: "Mine was from a mild and benevolent sovereign; his from Henry the Eighth". Burke also hinted at what would happen to such people if their revolutionary ideas were implemented, and included a description of the British constitution:
Try to answer this question if possible: Who attacked Burke for receiving recognition from King George III?
Answer: Duke of Bedford and the Earl of Lauderdale
Question: The overseas Chinese community has played a large role in the development of the economies in the region. These business communities are connected through the bamboo network, a network of overseas Chinese businesses operating in the markets of Southeast Asia that share common family and cultural ties. The origins of Chinese influence can be traced to the 16th century, when Chinese migrants from southern China settled in Indonesia, Thailand, and other Southeast Asian countries. Chinese populations in the region saw a rapid increase following the Communist Revolution in 1949, which forced many refugees to emigrate outside of China.
Try to answer this question if possible: When did the Chinese revolution start in Southeast Asia?
Answer: 1949
Question: Napoleon continued to entertain a grand scheme to establish a French presence in the Middle East in order to put pressure on Britain and Russia, and perhaps form an alliance with the Ottoman Empire. In February 1806, Ottoman Emperor Selim III finally recognized Napoleon as Emperor. He also opted for an alliance with France, calling France "our sincere and natural ally." That decision brought the Ottoman Empire into a losing war against Russia and Britain. A Franco-Persian alliance was also formed between Napoleon and the Persian Empire of Fat′h-Ali Shah Qajar. It collapsed in 1807, when France and Russia themselves formed an unexpected alliance. In the end, Napoleon had made no effective alliances in the Middle East.
Try to answer this question if possible: In what year did Napoleon's Franco-Persian alliance end?
Answer:
1807