20xx簡(jiǎn)單的學(xué)生英語(yǔ)演講稿(編輯修改稿)
2025-01-14 22:06 本頁(yè)面
【文章內(nèi)容簡(jiǎn)介】
Easy money! and what went wrong with our financial system? The whole thing was one big scheme. Everything was great when houses were selling like hot cakes and their values go up every month. Lenders made it easier to borrow money, and the higher demand drove up house values. Higher house values means that lenders could lend out even bigger mortgages, and it also gave lenders some protection against foreclosures. All of this translates into more money for the lenders, insurers, and investors.
Unfortunately, many borrowers got slammed when their adjustable mortgage finally adjusted. When too many of them couldnamp。rsquo。t afford to make their payments, it causes these lenders to suffer from liquidity issue and to sit on more foreclosures than they could sell. Mortgagebacked securities became more risky and worth less causing investment firms like Lehman Brothers to suffer. Moreover, insurers like AIG who insured these bad mortgages also got in trouble. The scheme worked well, but it reverses course and is now ing back to hurt everyone
簡(jiǎn)單的學(xué)生英語(yǔ)演講稿篇4 Students, guests , teachers and Honorable Judges
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