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Subprime Mortgage Markets’ Collapse to the Credit Markets'
July 10, 2009
July 10, 2009
Part One of the blog series about the Subprime Mortgage Market Collapse addressed some key features of the subprime mortgages now defaulting in huge numbers and it noted how these features were similar to those seen in many improper transactions that preceded the Savings and Loan Crisis of the early 1990s, as well as in more recent corporate governance scandals.
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