Andreas Bitterer

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Entries Tagged as 'bailout'


Wanted: Product Liability for Financial Products

by Andy Bitterer  |  October 23, 2008  |  4 Comments

Of course, there is no point locking the barn door now, since the horse has bolted. I’m talking about those billions of dollars and euros being spent to save banks. In a nutshell, what caused the market meltdown were banks selling products and approving loans that came with an enormous risk, and unfortunately, that risk [...]

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Category: Current Events Finance Market Politics     Tags: , , ,