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August 26, 2008

Going back to basics with mortgages: why did the sub-prime crisis occur?

In Putting the ‘mort’ back in mortgage – a pocket guide to the global credit crisis (pdf) ASIC deputy chair Jeremy Cooper looks at what went wrong with US mortgages and the collapses of the British bank Northern Rock and the American investment bank Bear Stearns.

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Posted 26th August 2008 by David Jacobson in Risk management