Tags
Banking Regulation, Credit Risk, Economic History, financial crisis, Financial Derivatives, Financial Markets, Mortgage Backed Securities, Risk Management, Subprime Mortgages, The Great Financial House of Cards
Consider this: Financial Crisis and Subprime.
Martyn Jones
Patti Smith 1975 Robert Mapplethorpe 1946-1989 ARTIST ROOMS Acquired jointly with the National Galleries of Scotland through The d’Offay Donation with assistance from the National Heritage Memorial Fund and the Art Fund 2008 http://www.tate.org.uk/art/work/AR00185
This is a republication of a piece written in 2009 on the subject of the Financial Crisis and Subprime loans. As the spectre of overreach and unhedged risks raises its ugly head once again, the temptation to republish this piece was just too much to resist. Continue reading