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Topic: Business
Number of pages / Number of words: 4 / 906
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This move substantially reduced current and expected profit margins making the organization a less attractive buy. Secondly, the financial markets began reacting to the consequences of the sub-prime loan debacle and the subsequent failures of some major financial organizations. In the past the organization acting on loan guarantees, made a number of such sub-prime loans; however, because the guarantees were reduced and in some cases eliminated in the new legislation, the loans would now in all likelihood never be repaid...


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This move substantially reduced current and expected profit margins making the organization a less attractive buy. Secondly, the financial markets began reacting to the consequences of the sub-prime loan debacle and the subsequent failures of some major financial organizations. In the past the organization acting on loan guarantees, made a number of such sub-prime loans; however, because the guarantees were reduced and in some cases eliminated in the new legislation, the loans would now in all likelihood never be repaid...


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