What Role Did Securitization Play in the Global Financial Crisis?
- Investing News
admin
- 0
- 1 minute read
The securitization of mortgages into asset-backed securities fueled risk taking, and eventually brought Wall Street to its knees when the U.S. real estate bubble burst.
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-1412762529-2fb014f1b6534c44bc40e451aad3e66c.jpg "<div>Accounting vs. Auditing: What's the Difference?</div>")
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-905523822-6ce8d6962dc5413294e395ee3d3890f1-1b1de6e34f694a40a96495cea874e604.jpg "Spend or Save: Should I Pay Off My Mortgage, or Invest for Retirement?")