0 used to describe the practice of lending money, especially to buy a house, to people who may not be able to pay it back:
The crisis caused by subprime loans (high-risk housing credit) has shown that borrowers have been kept too much in the dark.
The subprime crisis demonstrated that the framework for the operation of credit rating agencies needs to be significantly reinforced.
What we really need to be focusing on now is not just where the sudden subprime market difficulties are creating short-term difficulties today.
The credit rating agencies are close to the origin of the problems that have arisen with subprime markets.
We here are a bit tired of hearing the one-off excuse: the subprime crisis was also a one-off.
Rights without responsibilities are the subprime mortgages of the moral world.
The second event is of course the subprime crisis, which has shed light on the strategic role these sovereign wealth funds could play.
The proposals announced are even frequently at odds with what ought to be done to prevent a repeat of the subprime financial crisis of autumn 2008.
