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The world's best financial minds help us understand today's financial crisis With so much information saturating the …
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regulatory reform. The analysis ascribes the crisis not only to problems in subprime mortgage lending and securitization, but … and securitization, focusing on problems of security design and governance, and lack of external discipline from rating …. Among systemic flaws, the paper discusses governance problems in mortgage origination and securitization as well as banking …
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