Featuring Mark Carl Rom Ph.D. Associate Professor of Government and Public Policy, Georgetown University With comments by Kathleen C. Engel J.D., Leon M. and Gloria Plevin Associate Professor of Law, Cleveland-Marshall College of the Law
(Sep 15, 2008 at Case Western Reserve University)
The current meltdown in the credit markets, precipitated by bad mortgage loans, is a failure of both public and private regulation. Professor Rom, author of Public Spirit in the Thrift Tragedy (University of Pittsburgh Press, 1996) discusses his research on the failure by Moody's and by Standard & Poor's to accurately judge the risk of mortgage-based securities. Professor Engel, a leading expert on credit denial, predatory lending, and foreclosures, comments.
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