Subprime: tentacles of a crisis: the mortgage market turbulence is as much about the breakdown of the structure of U.S. financial markets as it is about bad debt

Authors :: Dodd, Randall
Source :: Finance & Development. December, 2007, Vol. 44 Issue 4, p15, 5 p.
Publication Year :: 2007
Abstract: HOW could a modest increase in seriously delinquent subprime mortgages, which amounted to an additional $34 billion in troubled loans, so disrupt the $57 trillion U.S. financial system last summer [...]

Subjects :: Financial markets -- Forecasts and trends
Mortgage-backed securities -- Management -- Forecasts and trends
Company business management
Market trend/market analysis
Banking, finance and accounting industries
Business
Business, international

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