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 [...]
Entries Tagged as 'liability'
by Andy Bitterer | October 23, 2008 | 4 Comments