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So That's Operational Risk! (How operational risk in mortgage-backed securities almost destroyed the world's financial markets and what we can do abou

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Product Code: 9781505375879
ISBN13: 9781505375879
Condition: New
$18.37

So That's Operational Risk! (How operational risk in mortgage-backed securities almost destroyed the world's financial markets and what we can do abou

$18.37
 
We describe the economic crisis that began in the U.S. mortgage market in late 2006 as a consequence of cascading operational failures linked to the securitization process. Operational risks including mortgage fraud, negligent underwriting standards and failed due diligence combined with modern finance to initiate a nearly catastrophic crisis in financial markets and a painful recession.


Author: Douglas Robertson
Publisher: Createspace Independent Publishing Platform
Publication Date: Jan 01, 2015
Number of Pages: 56 pages
Binding: Paperback or Softback
ISBN-10: 1505375878
ISBN-13: 9781505375879
 

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