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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1519 |
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This was a highly successful mechanism to operate until the number of defaulters increased to the point where these assets began to turn illiquid. Investors started to avoid securities as it was now evident many were flawed. Moreover, Northern Rock in their quest for greater financial returns found securities that attractive they also invested in them...
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Investors started to avoid securities as it was now evident many were flawed. Moreover, Northern Rock in their quest for greater financial returns found securities that attractive they also invested in them.
With trading slowing in the financial markets, many institutions began to react to the impending crisis by taking a more cautious approach to lending...
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