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sub prime and what it is.
by gopalakrishna nayak on Feb 06, 2008 03:52 PM

Can some one add as to who are the major institutions who distributed the loans and which are the big names who bought the subsequent securities and lost.what happens finally to the the people who have distributed the loans and issued the securities. Are they not legally required to pay back the securities issued .

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The above message is part of the Discussion Board:
Subprime pain: Who lost how much