Demystifying the Subprime Crisis
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Major banks
and other financial institutions around the world
have reported losses of approximately U.S. $300
billion as of April 1, 2008
-
Subprime -
Confusion Crisis
-
Financial Engineering -
Broken Down
-
MBS, CDO, CLO,
CDS SIV's - Securitisation that was anything but
secure!
-
Credit Crunch - When Everyone
says No!
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