Hints and tips:
...He has likened MERS to the Depository Trust & Clearing Corp, the securities clearing house owned by banks that long dealt in paper share certificates....
...“Trust was shaken today,” Deutsche Bank chief european economist Thomas Mayer told the New York Times. As one executive of a major global bank said later, “It was something none of us had experienced....
...It went from a passive priesthood, policing the world’s financial markets, to evangelising for them, particularly in regard to structured finance – that is, banks’ repackaging of risky loans through ever...
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