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Subprime mortgages and the housing bubble were the trigger while high leverage, unstable funding and deficient risk management and supervision were the vulnerabilities that led to the financial crisis, ...
Subprime mortgages and the housing bubble were the trigger while high leverage, unstable funding and deficient risk management and supervision were the vulnerabilities that led to the financial crisis, Federal Reserve chief Ben Bernanke says.
WASHINGTON (MarketWatch) - Subprime mortgages and the housing bubble were the trigger while high leverage, unstable funding and deficient risk management and supervision were the vulnerabilities that led to the financial crisis, Federal Reserve Chairman Ben Bernanke said Friday. Bernanke, speaking in New York at a conference about perspectives of the crisis, didn't address monetary policy ...
WASHINGTON -(Dow Jones)- The Federal Reserve has adjusted the sum that triggers disclosure requirements under a law regulating home mortgage loans. The Fed on Monday said the trigger has been adjusted to $579 for 2010, based on the Consumer Price Index in effect June 1, 2009.

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