Fallout from global financial crisis will be long lasting, warns IMF
Story date: 2007-09-24 04:38:00
Added on: 2007-09-24 23:36:54
The Independent - The practice of rolling together lots of different kinds of debt, including low quality US mortgage loans, and selling them on piecemeal in the global financial markets has diffused the responsibility for checking that the underlying loans are sound ...
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