University of Texas: Lending Fraud Could Wreck Economy - Again
December 04, 2020
December 04, 2020
AUSTIN, Texas, Dec. 4 (TNSJou) -- The University of Texas issued the following news release:
Much has changed in the U.S. financial system since the most recent financial crisis. But one thing hasn't changed, according to a new study from a financial researcher at The University of Texas at Austin: potential for fraud in asset-backed securities. Without stronger penalties to discourage it, widespread concealment and falsification of information could potentially lead to another . . .
Much has changed in the U.S. financial system since the most recent financial crisis. But one thing hasn't changed, according to a new study from a financial researcher at The University of Texas at Austin: potential for fraud in asset-backed securities. Without stronger penalties to discourage it, widespread concealment and falsification of information could potentially lead to another . . .