Friday, June 28, 2013

Big banks, not small banks were responsible for “liar loans”.



Interesting stuff here on Roger Mitchell's blog.

Looks like it was the biggest 100 banks that started offering “liar loans” willy nilly before the crunch. Vertical axis is delinquency rates, the red line is the 100 largest banks, and the blue line other banks.



No comments:

Post a Comment