Lack of regulation and punishment contribute to the fraud

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Reflect on the mortgage crisis of 2008. How did existing regulation or lack of regulation and punishment contribute to the fraud? What opportunities for fraud do you think exist based on current regulations? Do you think current regulations and guidelines for prosecution are stringent enough to deter future cases of fraud?

Reference no: EM131579482

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Lack of regulation and punishment contribute to the fraud : Reflect on the mortgage crisis of 2008. How did existing regulation or lack of regulation and punishment contribute to the fraud?

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