Chapter 1: Sub Prime Crisis
Need of the hour – to fix the crisis now
Crux of the problems to fix
Mortgage and Foreclosure in USA vs. Rest of the world
Non Recourse mortgage in USA – main culprit
Reasons for Sub Prime default
How to stop further creation of Sub Prime defaults?
Creation of parallel economy via paper derivative
How CDO and maturity mismatch is created
Solution for the banking crisis
How to borrow $ 1 trillion without repayment obligations
Paulson’s $350 Billions TARP funds turn zero
Funding bad assets and SLG sector – Game Plan
Rescuing financing banks and land developers stuck with high cost land
- Need of the hour – to fix the crisis now
- Crux of the problems to fix
- Mortgage and Foreclosure in USA vs. Rest of the world
- Non Recourse mortgage in USA – main culprit
- Reasons for Sub Prime default
- How to stop further creation of Sub Prime defaults?
- Creation of parallel economy via paper derivative
- How CDO and maturity mismatch is created
- Solution for the banking crisis
- How to borrow $ 1 trillion without repayment obligations
- Paulson’s $350 Billions TARP funds turn zero
- Funding bad assets and SLG sector – Game Plan
- Rescuing financing banks and land developers stuck with high cost land