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zipplewrath

(16,646 posts)

3. "Adequate assessment of risk"

Reply to genxlib (Reply #1)

Tue May 28, 2019, 03:57 PM

May 2019

This was really the core problem. Subprime loans were listed as Triple A when they should have been more like junk. And you can't sell insurance without being regulated AS an insurance company.

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Highlight:

A decade after the crash, Barclays bets again on bundling U.S. home loans [View all] turbinetree May 2019 OP

In theory, it can be beneficial genxlib May 2019 #1

"Adequate assessment of risk" zipplewrath May 2019 #3

Yes genxlib May 2019 #4

Which is why we're supposed to have regulations zipplewrath May 2019 #5

I laughed when I read the report by the US Treasury regarding the dampening of credit... SWBTATTReg May 2019 #2