close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    3. is the wall street sub prime mortgage fiasco the downfall of the "piig" countries
    is the wall street sub prime mortgage fiasco the downfall of the "piig" countries

    Answer this
    +1  Views: 378 Answers: 1 Posted: 14 years ago
    Comment this question

      1 Answer

      No, it was caused by the federal government "Fanny" and "Freddy" mortgage providers that forced banks to lend 120% of the loan value to persons unable to pay of their mortgages.


       


       

      14 years ago. Rating: 1
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Uncategorized category

         
        ROMOS
        Answers: 18061 / Questions: 154
        Karma: 1102K
         
        Colleen
        Answers: 47269 / Questions: 115
        Karma: 953K
         
        country bumpkin
        Answers: 11322 / Questions: 160
        Karma: 838K
         
        Benthere
        Answers: 2392 / Questions: 30
        Karma: 760K
        > Top contributors chart

        Unanswered Questions

        hoangphatblog5
        Answers: 0 Views: 10 Rating: 0
        preventcovidu23
        Answers: 0 Views: 9 Rating: 0
        Gia Phúc Restaurant
        Answers: 0 Views: 9 Rating: 0
        QS88 - QS88.Vote - Trang Chủ QS88 COM Chính Thức 2026
        Answers: 0 Views: 11 Rating: 0
        Why Intelligent Data Processing Is Transforming Online Gaming Platforms
        Answers: 0 Views: 17 Rating: 0
        Cho thuê xe ô tô du lịch Hà Giang
        Answers: 0 Views: 17 Rating: 0
        Du lịch Hà Giang 4 ngày 3 đêm
        Answers: 0 Views: 13 Rating: 0
        Gia Phúc Restaurant
        Answers: 0 Views: 15 Rating: 0
        > More questions...
        559830
        questions
        779140
        answers
        921093
        users