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Discuss the environment leading to the subprime loan collapse. Countrywide mortgage scandal brought up other issues, including that of executive compensation. Should executives receive hefty

Discuss the environment leading to the subprime loan collapse.

Countrywide mortgage scandal brought up other issues, including that of executive compensation. Should executives receive hefty compensation packages and severance pay when their companies flounder? Countrywide mortgage scandal brought up other issues, including that of executive compensation. Should these executives be called into account for not exercising due care?

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