How to survive in a crisis in four easy steps

data security

The still unfolding subprime crisis and liquidity meltdown has brought many shocks and surprises.This meltdown has meant that some participants could only fund at very high rates and others could get no funding at all, so were unable to meet payment obligations, such as margin calls. Some institutions who thought they had put the risk off balance sheet had to take back the risk through bail-outs. Also many firms (often far removed from the subprime mortgage industry) had to write down assets

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