Securitization
The Subprime Mortgage Crisis: A Global Financial Storm
Explore the causes and effects of the 2007-08 global financial storm caused by subprime mortgage defaults and complex financial instruments.
The Globalization of Risk: Securitization and the Spread of Financial Vulnerability
Explore how securitization spread financial vulnerability across the globe, exacerbating the 2007-2008 global financial crisis.
The Rise and Fall of Traditional Mortgage Lending
The transformation of mortgage lending from personal relationships to securitized markets had significant consequences for borrowers and lenders.
The Securitization Revolution on Wall Street
A 20th-century financial phenomenon where mortgage-backed securities transformed the bond market with government backing.
The Rise of Mortgage-Backed Securities: A New Era in American Finance
Explore the impact of mortgage-backed securities on the American financial system, from the 1980s to the subprime crisis.
The Enron Scandal
The Enron scandal highlights the dangers of unregulated markets and the importance of transparency in corporate finance.