Subprime Mortgage Crisis
Did risky loans bring down the global economy?
4.6 (28)
48 mins
Discover how subprime mortgages fueled a financial collapse as banks chased profits, misled borrowers, and ignored risks, leading to mass defaults, government bailouts, and economic turmoil.
Ep 1:
How Did Surge in Subprime Mortgage Market Lead to a Financial Mess?
Ep 2:
Rise And Fall of Subprime Mortgage Securities Market
Discussions (12)
Christina
Level 10 · 9 mo agoAngelo Mozilo acting like a carnival barker is just wild! I can't believe they hired car salesmen just to trick people. It's such a messy story!
Clarence
Level 2 · 9 mo agoRunning 100 to 1 leverage means a 1% drop kills the fund. Cioffi knew he was flying into a mountain and tried to eject by offloading that toxic trash via an IPO. The guy should be in jail.
Benjamin
Level 9 · 8 mo agoThe ninja loans era defies all logic. It is wild that banks ignored such obvious risks. Thanks for sharing.
