次贷危机引发“两房”被政府接管,雷曼申请破产保护,美林证券被美国银行收购。与此同时,美国其他著名金融机构如高盛、大摩、华盛顿互惠银行和国际集团等也摇摇欲坠,并最终引发了全球金融危机的大爆发。CDO(债务抵押证券)、CDS(信用违约互换)等金融衍生品作为引发次贷危机的直接原因,成为众矢之的。本文就金融衍生品在水电企业工程风险管理中的 Subprime mortgage crisis triggered “two rooms ” was taken over by the government, Lehman filed for bankruptcy protection, Merrill Lynch was Bank of America acquisition. Meanwhile, other well-known financial institutions in the United States such as Goldman Sachs, Morgan Stanley, Washington Mutual Bank and international groups also faltered and eventually triggered a global financial crisis. Financial derivatives such as CDO (debt-backed securities) and CDS (credit default swaps) have become targets of public criticism as a direct cause of the subprime mortgage crisis. This article on financial derivatives in hydropower project risk management