Such is the history of the rise of finance capital and such is the content of that concept. In such a situation, the banks can not remain far behind speculation.

The extraordinary rise of monopoly makes it possible for the bankers to lay hands on speculation in land situated in the suburbs of rapidly growing big towns as it provides with a very profitable operation for finance capital. The bankers often act from behind the scene through holding system.

The paradoxical, yet historically necessary and natural situation, from the point of view of the bourgeois that arises due to such a development of bank capital is that "a steadily increasing proportion of capital in industry ceases to belong to industrialists who employ it. They obtain the use of it only through the medium of the banks which, in relation to them, represent the owners of the capital. On the other hand, the bank is forced to sink an increasing amount of its fund in industry.

Thus, to an ever greater degree the banker is being transformed into industrial capitalist." And thus is the bank capital, the capital in the money form, transformed into industrial capital. But this industrial capital is not that simple industrial capital as usual, it is Finance Capital i.e. a capital that has its origin in the coalescence of bank and industrial capital which itself took place under the condition of ever-increasing concentration of production that finally led to monopoly.

Now what is this financial oligarchy all about and how does it work? What is its importance in the overall structure of industrial building up so that it plays so important a role in the characterizations of imperialism? What is the impact of unemployment overall on society?

Personal loans that are approved by financial institutions have seen a considerable change. The rates of loan approval have risen to 26.7 % in comparison to the previous year. In the first ten months of the current year the rates has shown a hike from RM96.77 billion to RM122.624 billion.

According to reports, the deputy finance minister, reiterated that the personal loans that are granted can be availed for residential property, passenger cars, credit card facilities, purchase of securities and other benefits. Thus people who are in a desperate need to meet any of these requirements can approach a bank for financial help. The minister also said that during the period of Jan to Oct 2008, RM196.931 billion of loans was applied for by applicants from across the country.

Loans granted for home furnishing, electrical appliances and other consumer durables were very less and it amounted to just RM 12.5 million over the last 10 months. In comparison, the loans for property purchase amounted to RM47.222 billion. The passenger cars and credit card facilities followed it as loans for cars amounted to RM27.46 billion and for credit card it remained at RM19.082 billion.

The purchase of securities, however, saw a decline of 1.5% in the last 10 months. The slash has been recorded from RM5.702 billion in previous year. The loan for purchase of residential property saw an increase of RM47.222 billion that amounts to 30.5%. Thus a phenomenal change has been recording in last 10 months in the amount granted to people as loan.

Before starting of financial crisis survey we have to know about cause of the financial crisis. I can say again financial crisis is the market crisis. In the market all the products are in stock. The money in the market is not to purchase the product. You can ask where the money is then? I will again say the money is in the hand of seller. How, I am going to define that.

In the capitalist system financial problem surely come after 2, 3, 4 or 5 years because the system run through the finance by individual. You can say the system is not running personally, I can say. But I can say one more fact that system is not running without the capital money and the owner of capital money are individual.

In the capitalist system how money and product differ from each other and bring financial crisis we will see further. Here I have only goal to survey the financial crisis.

With the capitalist age market comes in the existence. To exchange money comes also in the light but all the money were in the approximate of all the product. It means money = product. But to develop the society there were the needs of capital to develop technology and work area. In this process profit take place and the profit accumulation creates capitalist.

Accumulation of capital became more and more and the result we got gigantic companies in the world. The situations of money accumulation create gigantic companies as well as difference between rich and poor.

I had worked as a back office for UK in finance department about 1.5 years. It was great experience for me about loan and finance whether it is mortgage, tenant, debt consolidations, car, personal, home improvement or wedding.
 

I dealt all types of loan for UK people. That time I had great experience about that. That was the reason I started a finance and real estate blog. The blog was on my experience about the finance glossary and financial news.
 

I have started it as all the term which I had learned during my job. I have written many post to make people understand about finance and investment.
 

Further I wrote about news updates also which was for India. There are time to time news by financial sector which was published by me in that.