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- Author: Douglas Robertson
- Publisher: CreateSpace Independent Publishing Platform
- Year: 2015
- Pages: 56
- ISBN-10: 1505375878
- ISBN-13: 9781505375879
- Format: 21.6 x 28 x 0.3 cm, minkšti viršeliai
- Language: English
- SAVE -10% with code: EXTRA
So That's Operational Risk! (How operational risk in mortgage-backed securities almost destroyed the world's financial markets and what we can do about it) (e-book) (used book) | bookbook.eu
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Description
We describe the economic crisis that began in the U.S. mortgage market in late 2006 as a consequence of cascading operational failures linked to the securitization process. Operational risks including mortgage fraud, negligent underwriting standards and failed due diligence combined with modern finance to initiate a nearly catastrophic crisis in financial markets and a painful recession.
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- Author: Douglas Robertson
- Publisher: CreateSpace Independent Publishing Platform
- Year: 2015
- Pages: 56
- ISBN-10: 1505375878
- ISBN-13: 9781505375879
- Format: 21.6 x 28 x 0.3 cm, minkšti viršeliai
- Language: English English
We describe the economic crisis that began in the U.S. mortgage market in late 2006 as a consequence of cascading operational failures linked to the securitization process. Operational risks including mortgage fraud, negligent underwriting standards and failed due diligence combined with modern finance to initiate a nearly catastrophic crisis in financial markets and a painful recession.
Reviews