Document Type
Lessons Learned
JEL Codes
G01, G28
Abstract
The observations, perceptions, and actions of participants in the subprime markets remain poorly documented and incompletely understood. Seeking to deepen our understanding, this study has produced seven interview summaries and one article telling the story of a hypothetical CDO deal. This article is organized in four parts. First, it presents our research questions and methods in relation to the existing knowledge on the topic. Second, it describes what we think are the study’s main contributions. Third, it previews the Lessons Learned summaries and interviews from each of the participants. And last, it identifies what we believe are some of the unique values from the project.
Recommended Citation
Lieber, Matthew A. and Kasoff, Steven H.
(2022)
"Wall Street’s Subprime Debacle: Firsthand Accounts from Inside the CDO Machine,"
Journal of Financial Crises: Vol. 4
:
Iss. 1, 371-378.
Available at:
https://elischolar.library.yale.edu/journal-of-financial-crises/vol4/iss1/11
Date Revised
2022-04-08
Included in
Economic History Commons, Economic Policy Commons, Finance Commons, Finance and Financial Management Commons, Growth and Development Commons, Policy Design, Analysis, and Evaluation Commons, Public Administration Commons, Public Policy Commons