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Many critics argue that greed in the mortgage markets caused the credit crisis. Yet many market advocates suggest that greed is good, as the thirst
Many critics argue that greed in the mortgage markets caused the credit crisis. Yet many market advocates suggest that greed is good, as the thirst for profits by firms that participate in the mortgage markets allows for economic growth. Explain how regulations can allow for greed while also ensuring proper transparency in the mortgage markets so that another credit crisis does not occur.
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