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The Subprime Mortgage Crisis: How Did We Get in This Mess?

Author

Listed:
  • Douglas Timmons

    (Middle Tennessee State University Department of Economics and Finance)

Abstract

It is really quite simple: subprime mortgages were very profitable to those who originated them, those who helped finance, and those who helped securitize and sell them to investors around the world.

Suggested Citation

  • Douglas Timmons, 2008. "The Subprime Mortgage Crisis: How Did We Get in This Mess?," Tennessee's Business, Middle Tennessee State University, Business and Economic Research Center, vol. 18(2), pages 10-17, Winter.
  • Handle: RePEc:mts:tenbus:v:18:y:2008:i:2:p:10-17
    as

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