The emergence of entrepreneurial economi
✍
Russell S. Sobel
📂
Article
📅
2006
🏛
John Wiley and Sons
🌐
English
⚖ 83 KB
strong case for how to strengthen the monitoring responsibilities of bankers. The need for this has arisen because 'the downside of securitization is that the banks don't retain the credit risk, which appears to lessen their due diligence, credit approval, and credit oversight intensity ' (p. 213).