If the two transactions are not covered under an ISDA master netting agreement, they would be treated as two separate transactions: one with a maturity of one year, and the second with a maturity of five years. However, the net effect on M is the same as if two transactions were subject to a master netting agreement: assuming the two exposures are slotted into the same probability of default (PD)/loss given default (LGD) bucket, M for that bucket is calculated as a weighted-average maturity for the exposures in that bucket. More.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.