Discover and read the best of Twitter Threads about #mortgaged

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Did the Asian Financial Crisis (1997) had any influence in the 2008 crisis?
@GARP_Risk
No, Not really!

#SOX Compliance came after ENRON and WORLD COM Frauds and Financial Reporting Failures.

You cannot mix the two events.
Asian Financial Crisis came about as a result of Unsound Macroeconomic Policies, disrespect for stabilization, excessive price competition among trading nations, lack of Asset Liability Risk Management done at the Central Banks, monopolistic market structures,
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