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FAQs About the Financial Crisis

 
 
 
 
 
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How the hell did we get here?
Step 1 – Hot housing market Since 1998,the h ttest assets ar und were high-yielding sub-prime mortgages because of the the housing market. Every financial instituti n b ught them up because if they didn ’t their
c mpetit rs w uld and make a killing and leave them behind.It was the smart thing to do.

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10/24/2008

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