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We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U …
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, Strange Trip -- Chapter 2. From Mortgages to Mortgage Securitization -- Chapter 3. The Rise of the Vertically Integrated …
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We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U …
Persistent link: https://www.econbiz.de/10012697108
"To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages-originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the...
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