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Showing results for q=https%3A%2F%2Fwww.quora.com%2FIn-layman's-terms-what-happened-in-the-subprime-crisis
Main reason of the subprime crisis were the greedy bankers. These bankers, to increase their earning compromised with the quality of borrowers who got home loans from the banks. These borrowers did not have credibility but were still granted loans thus leading to increase in number of defaulters.
Mar 3, 2015
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