'The Financial Crisis Was the Result of Government Housing Policy' - Reason Online (blog)

'The Financial Crisis Was the Result of Government Housing Policy'
Reason Online (blog)
The American Enterprise Institute's Peter Wallison on how government, not greed, was the essential ingredient in the 2008 meltdown. In January 2011, a bipartisan, 10-member, government-created body called the Financial Crisis Inquiry Commission (FCIC) ...

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Fed Report: Mortgage Mess NOT an Inside Job - Mortgage News Daily

Fed Report: Mortgage Mess NOT an Inside Job
Mortgage News Daily
Fact 4: Government policy toward the mortgage market did not change much from 1990 to 2005. Again there are two arguments here - that there was too little government regulation of the mortgage markets and that government interventions went too far in ...

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Global financial crisis - GreaterKashmir.com

Global financial crisis
GreaterKashmir.com
The current and future state of global economy is largely attributed to the credit crisis that ensued following the Sub-Prime Mortgage debacle in the US. The IMF (International Monetary Fund) estimates that the growth rate in Europe has been sluggish ...

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Credit Crunch Digest -- April 2012 - JD Supra (press release)

Credit Crunch Digest -- April 2012
JD Supra (press release)
by Sedgwick LLP on 5/2/2012 This digest collects and summarizes recent media reports regarding potential liability, government initiatives, litigation and regulatory actions arising from the subprime mortgage crisis and credit crunch, as well as the ...

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Japan's bond bubble grows and grows - TODAYonline

Japan's bond bubble grows and grows
TODAYonline
This question gains urgency as 10-year government yields disappear before the world's eyes. At 0.83 per cent, the lowest level since 2003, they hardly compensate investors for the risks inherent in buying IOUs from the most indebted nation.

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The View From the Rooftops - Huffington Post

The View From the Rooftops
Huffington Post
This week, Mervyn King, the long-standing Governor of the Bank of England, said about the 2008 financial crisis, 'We should have shouted from the rooftops that a system had been built in which banks were too important to fail, that banks had grown too ...

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The 'folly' of the US housing bubble - Washington Post

The 'folly' of the US housing bubble
Washington Post
Did adjustable-rate subprime mortgages — “exploding ARMs” and the like — cause the wave of foreclosures? No: Defaults on such mortgages did not surge after two years, when their interest rates reset; the worst-performing vintage, made in January 2007 ...

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