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Topic: |
Business
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Number of pages / Number of words: |
9 / 2416 |
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Wall Street banks and investment houses further repackage these loans in Mortgage Backed Securities (MBS) and Collateralized Debt Obligations (CDO). These structured products very often yield high rates of return.â
Quite simply put, the borrowers with bad credit ratings get the money from willing lenders at a higher interest rate...
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The lenders then sell the debt to financial institutions who resell it to Wall Street firms and investment houses. It all goes according to the plan then everybody earns a big chunk of cash. But if the borrower is not able to clear the debt for any reason, then everybody loses, resulting in NPAs (Non-Payable Assets)...
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General points of the essay
Investment Opportunities For Banks
One up on wall street
Boutique Investment Banks
Ethics review of Subprime Meltdown 2008
How Not To Get Taken To The Cleaners On Wall Street
Investment Risk in Stock Market Securities
Subprime Meltdown
Subprime Mortgage Industry Collapse
Subprime Mortgage
The Subprime Meltdown
Wall Street Ethics
A New Day On Wall Street. The
Critiques On Wall Street
subprime mortgage crisis
Wall Street
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