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Brionna 2022-12-23 03:07:39
too big to fail
The subprime mortgage crisis in the United States in 2008 is a must-see for anyone who loves finance. The movie itself was well done, needless to say. The deep experience is that when the Great Depression comes, no financial institution can survive on its own, and mergers and acquisitions and...
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Kaylee 2022-12-23 06:24:53
Financial crises come from greed - banks lend to hordes of people who can't pay
Wall Street packaged mortgages into mortgage-backed bonds, which were then broken up and sold to investors, who made a fortune. So I lobbied the bank to let them take out more housing loans. The bank originally only gave loans to people with good credit. After their appetite grew, they lowered...
Ande Mang
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