Laxity of the rules governing the creation

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Some observes claim that laxity of the rules governing the creation, sale and purchase of some types of securities bear much of the guilt for the Great Recession of the early twenty-first century. Can you suggest some specific types of activity that may bear much of this responsibility? Explain how these activities may have increased the problem and suggest rules that could have reduced the severity of the financial crisis of 2007-2009 and ensuring recession.

Reference no: EM13996885

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