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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 906 |
Essay's paper body
This move substantially reduced current and expected profit margins making the organization a less attractive buy. Secondly, the financial markets began reacting to the consequences of the sub-prime loan debacle and the subsequent failures of some major financial organizations. In the past the organization acting on loan guarantees, made a number of such sub-prime loans; however, because the guarantees were reduced and in some cases eliminated in the new legislation, the loans would now in all likelihood never be repaid...
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This move substantially reduced current and expected profit margins making the organization a less attractive buy. Secondly, the financial markets began reacting to the consequences of the sub-prime loan debacle and the subsequent failures of some major financial organizations. In the past the organization acting on loan guarantees, made a number of such sub-prime loans; however, because the guarantees were reduced and in some cases eliminated in the new legislation, the loans would now in all likelihood never be repaid...
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General points of the essay
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