Risks, Benefits Of Securitization Under Scrutiny

Courtesy Digg - Business & Finance  Fri, 07/03/2009 - 22:10

These days, almost anytime someone borrows to fund a business, buy a car or get a mortgage, the debt gets repackaged into a security that can be bought or sold like a stock.

But critics say abuses in the securitization market helped bring about the housing meltdown.


 

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