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In Beggar Thy Neighbor, financial historian Charles R. Geisst tracks the changing perceptions of usury and debt from … Renaissance to the present day. Geisst argues that usury prohibitions, as part of the natural law tradition in Western and Islamic … recent Dodd-Frank financial reforms, usury ceilings still occupy a central place in notions of free markets and economic …
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We measure the effect of an anti-predatory pilot program (Chicago, 2006) on mortgage default rates to test whether predatory lending was a key element in fueling the subprime crisis. Under the program, risky borrowers and/or risky mortgage contracts triggered review sessions by housing...
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This book chapter explores how the three largest rating agencies, Standard & Poor's, Moody's Investor Service and Fitch Ratings, exploited their privileged regulatory status to profit from the booming subprime mortgage market at the expense of homeowners. These rating agencies boosted their own...
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We measure the effect of an anti-predatory pilot program (Chicago, 2006) on mortgage default rates to test whether predatory lending was a key element in fueling the subprime crisis. Under the program, risky borrowers and/or risky mortgage contracts triggered review sessions by housing...
Persistent link: https://www.econbiz.de/10012459111
Biographical note: Charles R. Geisst is Ambassador Charles A. Gargano Professor of Finance at Manhattan College and the author of eighteen other books, including Collateral Damaged: The Marketing of Consumer Debt to America and Wall Street: A History.
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