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Compare moral hazard sources (if any) for agents and institutions between the GSE and shadow banking systems (home buyer, commercial bank, GSE, GSE lenders, MSB
Compare moral hazard sources (if any) for agents and institutions between the GSE and shadow banking systems (home buyer, commercial bank, GSE, GSE lenders, MSB investor, broker dealers, insurance companies) and use information in your readings to argue whether differences could have been a contributing cause to the Great Recession
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