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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Les H who wrote (87527)8/29/2007 10:24:45 AM
From: MulhollandDriveRead Replies (1) of 306849
 
Politicians, regulators and financial specialists outside the United States are seeking a role in the oversight of American markets, banks and rating agencies after recent problems related to subprime mortgages.

Their argument is simple: The United States is exporting financial products, but losses to investors in other countries suggest that American regulators are not properly monitoring the products or alerting investors to the risks.

lol....we've become the china of financial products
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