Comments on: Did Corporate Governance “Fail” During the 2008 Stock Market Meltdown? http://blogs.law.harvard.edu/corpgov/2009/05/19/did-corporate-governance-%e2%80%9cfail%e2%80%9d-during-the-2008-stock-market-meltdown/ A law and economics blog from the Harvard Law School Program on Corporate Governance that gathers the latest news, opinion and research pertaining to corporate governance and financial regulation. Tue, 03 Aug 2010 15:55:47 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Chris Chong http://blogs.law.harvard.edu/corpgov/2009/05/19/did-corporate-governance-%e2%80%9cfail%e2%80%9d-during-the-2008-stock-market-meltdown/comment-page-1/#comment-273843 Chris Chong Tue, 09 Jun 2009 00:09:56 +0000 http://blogs.law.harvard.edu/corpgov/?p=1205#comment-273843 Of course it does. If you have fannie and freddie choping at the bit to buy the loans you originate, and investors throwing cash at anything that says "Mortgage" on it, the loan officers are going to look the other way and just push as much paper as possible. Plus the brokers and originators have no liability once its sold, so why not just push it through and collect a fat check. I would. Of course it does. If you have fannie and freddie choping at the bit to buy the loans you originate, and investors throwing cash at anything that says “Mortgage” on it, the loan officers are going to look the other way and just push as much paper as possible.

Plus the brokers and originators have no liability once its sold, so why not just push it through and collect a fat check. I would.

]]> By: Cromag http://blogs.law.harvard.edu/corpgov/2009/05/19/did-corporate-governance-%e2%80%9cfail%e2%80%9d-during-the-2008-stock-market-meltdown/comment-page-1/#comment-260085 Cromag Fri, 22 May 2009 16:58:42 +0000 http://blogs.law.harvard.edu/corpgov/?p=1205#comment-260085 How does this Bloomberg Article --about the US Office of Thrift Supervision authorized “inappropriate” backdating of capital by six institutions, including IndyMac-- fit into your paper? http://is.gd/Cpgy How does this Bloomberg Article –about the US Office of Thrift Supervision authorized “inappropriate” backdating of capital by six institutions, including IndyMac– fit into your paper? http://is.gd/Cpgy

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