- Debtisdebt,andforeveryborrowerthereisalender.Thenthebankwilllookfortheborrowertargetedandarrangespecificactivities.Hencetheriskoffallingassetvaluesstayswiththeborrower.Andtheyareveryhardtowriggleoutof,eveniftheborrowergoesbankrupt.Theseswapsareusedto...
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- 1、Thereportdoesnotsayso,butthelogicalresultofhisfinancialreformswillbecloserscrutinyoflendingpracticesthatwilldeprivemarginalborrowersofcredit.2、America'sfinancialmarketsmettheglobaldemandfor"safe"dollarassetsbyrepackagingthemortgagesofmarginalb...
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