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the Financial Crisis of 2008/09: its causes and the Congressional and Monetary Authority's efforts to minimize the adverse effects and ward-off future crises. Compare the
the Financial Crisis of 2008/09: its causes and the Congressional and Monetary Authority's efforts to minimize the adverse effects and ward-off future crises. Compare the student loan asset-backed securities (SLABS) in the U.S. today to the collateralized mortgage obligations (CMOs) of 2006/07. Is this the next (financial) crisis waiting to happen? Is the SLABS market 'failing' or destined to fail?
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