The global financial crisis began in 2007 and was caused by risky lending practices, biased credit ratings, and flawed financial regulations. Mortgage lenders issued risky loans and credit agencies overrated financial products containing these loans. To prevent future crises, reforms are needed for predatory lending practices, and regulations should better separate responsible and reckless financial institutions.
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The global financial crisis began in 2007 and was caused by risky lending practices, biased credit ratings, and flawed financial regulations. Mortgage lenders issued risky loans and credit agencies overrated financial products containing these loans. To prevent future crises, reforms are needed for predatory lending practices, and regulations should better separate responsible and reckless financial institutions.
The global financial crisis began in 2007 and was caused by risky lending practices, biased credit ratings, and flawed financial regulations. Mortgage lenders issued risky loans and credit agencies overrated financial products containing these loans. To prevent future crises, reforms are needed for predatory lending practices, and regulations should better separate responsible and reckless financial institutions.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
The global financial crisis began in 2007 and was caused by risky lending practices, biased credit ratings, and flawed financial regulations. Mortgage lenders issued risky loans and credit agencies overrated financial products containing these loans. To prevent future crises, reforms are needed for predatory lending practices, and regulations should better separate responsible and reckless financial institutions.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd