Hints and tips:
...She now wishes she had gone direct to the government of British Columbia, or even to Ottawa. “I had no idea it would be as far-reaching,” she says....
...finance has trailed behind developments in the corporate finance market”....
...During the financial crisis, mortgage-backed securities plunged in value as house prices fell and homeowners defaulted....
...By further reducing asset values and potentially restricting the flow of credit to households and businesses, these developments pose a direct threat to economic growth....
...Bloomberg have an interesting story: Citigroup Inc. created a $2.5 billion mortgage-backed security called Bonifacius Ltd. in August as capital markets seized up and panic swept Wall Street....
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