
Prudent lending restored
Yasuyuki Fuchita, Richard Herring, Robert E. LitanPrudent lending restored
January 1, 2009Nomura Institute of Capital Markets Research326 pages
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Description
"Examining growth of complex securitized structures in U.S. and world markets, provides a timeline of key events, proposing explanations for the resulting financial crisis. Offers suggestions on securitization reform, including a solution to insure the mortgage market against default risk. Provides strategies to increase transparency and encourage more prudent lending"--Provided by publisher.
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