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| Overstock.com | $31.53 |  |
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| Amazon | $32.95 | |
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| Borders.com | $32.95 | |
Description
Once heralded as a financial innovation to diversify risk and enable Wall Street to finance Main Street, securitization helped create the subprime mortgage meltdown of 2006. In this implosion, debt was absorbed by a concentrated group of financial entities, and in 2008 credit markets consequently froze. So why were securities backed by subprime debt
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