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2008 Financial Crisis: Avoidable Failures by lynx310 is a document available to read on EtoBox.

What is 2008 Financial Crisis: Avoidable Failures about?

The financial crisis of 2008 was avoidable and caused by failures of government regulation, reckless risk-taking on Wall Street, and corporate mismanagement, according to a Congressional investigation. The report finds fault with two administrations, regulators like the Fed and SEC, and financial institutions. It says the crisis was not caused by homeownership goals or Fannie and Freddie, but rather the lack of oversight of risky practices like the derivatives market and excessive leverage taken on by banks

Author

lynx310

Language

EN