| Prudent Lending Restored: Securitization After the Mortgage Meltdown Contributor(s): Fuchita, Yasuyuki (Editor), Herring, Richard J. (Editor), Litan, Robert E. (Editor) |
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ISBN: 0815703368 ISBN-13: 9780815703365 Publisher: Brookings Institution Press OUR PRICE: $36.63 Product Type: Paperback - Other Formats Published: August 2009 Annotation: Once heralded as a financial innovation to diversify risk and enable Wall Street to finance Main Street, securitization helped create the subprime mortgage meltdown of 2006. In this implosion, debt was absorbed by a concentrated group of financial entities, and in 2008 credit markets consequently froze. So why were securities backed by subprime debt |
| Additional Information |
| BISAC Categories: - Business & Economics | Investments & Securities - Mutual Funds |
| Dewey: 332.632 |
| LCCN: 2009023362 |
| Physical Information: 1" H x 5.9" W x 8.8" (1.00 lbs) 336 pages |