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Global Economic Meltdown


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Source: Headstrong
Date: March 2010
Type: White Paper
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Overview: The white paper analyzes the global economic meltdown triggered in mid 2007 in the US which soon spread to all major economies of the world. It examines the role of various parties responsible to trigger the sub-prime crisis and subsequent recession. It emphasizes the need for more transparency in rating methodologies used by credit rating agencies to rate complex mortgage backed securities traded in secondary market.

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