Product Description
The subprime meltdown had shaken the foundations of the financial system. What began with product failures in one section of the mortgage market quickly spread, hitting mortgage-backed securities, asset-backed securities and asset-backed commercial paper. Why did so many players underestimate the risks? Which policy proposals could cause even more harm? And which solutions may offer the most constructive way toward recovery? This panel discussion from the 2008 Milken Institute Global Conference brought together leading economists and financial practitioners to diagnose trends in the mortgage and related credit markets. Tune in and navigate through the landmines armed with insights from the experts.
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