Prudent lending restored
by Yasuyuki Fuchita , Richard Herring , Robert E. Litan
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First published: 2009
1 language
ISBN: 9780815703365
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.
