THE IMPLOSION of the subprime mortgage market should be a stark reminder to investors about the risks of the lax lending standards that are fueling the corporate buyout boom.A surge in global liquidity matched with low interest rates have fed a lending bonanza in recent years, driving banks and others to ease loan requirements on everything from starter houses to multibillion-dollar corporations.
February 22, 2007 at 12:00 AM
1 minute read
THE IMPLOSION of the subprime mortgage market should be a stark reminder to investors about the risks of the lax lending standards that are fueling the corporate buyout boom.
A surge in global liquidity matched with low interest rates have fed a lending bonanza in recent years, driving banks and others to ease loan requirements on everything from starter houses to multibillion-dollar corporations.
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