The Subprime Mortgage Crisis Whodunnit: A Regulator Did It, Off the Balance Sheet, With an Accounting Con.
November 24, 2007 – 3:04 pmThe great irony of the Subprime Mortgage Crisis is that financial risk-takers, as the stock market perceived the risks, weren’t the institutions that lost the big money during the crisis. The big losers were the financial institutions that play by the distorted rules of global bank regulation. Equally surprising is that we should have known the winners and losers as early as 2002. For more, click below.
You must be logged in to post a comment.