Financial market analysis report
The numbers of factors have contributed in 2007-2008 economic downturn including subprime lending, credit bubble, deregulation, poor rating agencies, mark to market accounting etc (Arner, 2009). The default rate in the subprime home mortgage loan is chosen as the major factor of the 2008 financial crisis. Here, this section is going to discuss a main cause of 2008 global financial crisis along with relevant regulatory changes.
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