Business, 20.11.2020 16:30 kirkhester1

5. Why did a handful of outsiders foresee what would happen with the subprimes while neither the heads of the large financial
firms nor government regulators saw what was coming? Do you
think it was genuine ignorance (the derivatives were simply too
obscure to understand) or willful ignorance (no one really wanted to
turn off the money spigot)?

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5. Why did a handful of outsiders foresee what would happen with the subprimes while neither the he...

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