After losing so much on packages of subprime mortgages that were basically destined to default, investors have lost trust in securitization. Because of this our government has spent over $1 trillion trying to save the markets, and many of these markets are basically only operating because the government is holding them up.
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Debt-Securitization Markets
- October 9, 2009
- Posted by Mcfarlin Law, in Budget & Debts