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The credit crisis of 20072009 dramatically altered the banking landscape. Why were the terms securitization, subprime loan, and asset write-down important during the housing and
The credit crisis of 20072009 dramatically altered the banking landscape. Why were the terms securitization, subprime loan, and asset write-down important during the housing and credit crisis? What happened to traditional investments banks, such as Goldman Sachs, Bear Stearns, Morgan Stanley, Lehman Brothers, and Merrill Lynch?
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