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At the same time, weak underwriting standards, unsound risk management practices, increasingly complex and opaque financial products, and consequent excessive leverage combined to create vulnerabilities in the system. ... Read Article
Financial Crisis Of 2007–08 - Wikipedia, The Free Encyclopedia
1.4 Weak and fraudulent underwriting practices; 1.5 Predatory lending; 1.6 Deregulation; 1.7 Increased debt burden or over-leveraging; Professional investment managers generally are compensated based on the volume of client assets under management. There is, ... Read Article
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