Focusing mostly on the effect on fixed income instruments

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In 150 words or more please explain and discuss,

The 2007-2008 financial crisis is still a hot topic. Focusing mostly on the effect on fixed income instruments, the subprime mortgage market and mortgages. What are some of the issues that contributed and where handled either correctly or incorrectly? Discuss 2 along with the pro and cons.

Reference no: EM131517404

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