Write a critical analysis on 2007-2008 financial crisis that had hit the United State financial market and had severely affected powerful economies of the world.

Q1. Write a critical analysis on 2007-2008 financial crisis that had hit the United State financial market and had severely affected powerful economies of the world.

Q2.How is market risk measured? Describe the common methods of estimating VaR?Discuss the advantages and disadvantages of each method.

Q3. Describe the stress testing and scenario analysis in risk management. Discuss the benefits and Limitations.