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Full-Text Articles in Law
Unification Of Payments Law And The Problem Of Insolvency Risk In Payment Systems, James S. Rogers
Unification Of Payments Law And The Problem Of Insolvency Risk In Payment Systems, James S. Rogers
James S. Rogers
No abstract provided.
Islamic Banking In India, Mubashshir Sarshar
• The Credit Crisis And Subprime Litigation: How Fraud Without Motive ‘Makes Little Economic Sense’, Peter Hamner
• The Credit Crisis And Subprime Litigation: How Fraud Without Motive ‘Makes Little Economic Sense’, Peter Hamner
Peter Hamner
The recent collapse of the financial markets spurred numerous lawsuits seeking a faulty party. Many plaintiffs argue that market participants committed securities fraud. They claim that deficient subprime loans caused the financial crisis. These risky loans were allegedly originated by banks to be sold off to third parties. The subprime loans were securitized and spread throughout the financial markets. The risk these loans presented was allegedly not disclosed to the buyers of the loans and securities on the loans. As these deficient loans and securities began to default the financial markets came to a halt. This article argues that securities …