November 29th 2017The power of lobbies
November 21st 2017The power of lobbies
The EU is about to adopt new rules that will help trade in securitised loans, the very financial instruments that helped cause the 2008 financial crisis. Despite warning signs of a new 'subprime bubble' in car loans coming from the US, carmakers and financiers have lobbied the EU to make it easier to speculate on such loans.
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