Banking & Financial Services Policy Report, June 2012, at 15
15 Pages Posted: 26 Sep 2012 Last revised: 2 Oct 2012
Date Written: 2012
This article examines contract law’s role in the subprime mortgage crisis, specifically in the way that the laissez faire paradigm of traditional contract law focuses on the self-interest of the contractual parties and in the way contract law has led to a business culture dominated by a “survival of the fittest” mentality.
Keywords: subprime mortgage crisis, contract law
Suggested Citation: Suggested Citation
Leonhard, Chunlin, The Subprime Mortgage Crisis and Economic Checks and Balances (2012). Banking & Financial Services Policy Report, June 2012, at 15; Loyola University New Orleans College of Law Research Paper No. 2012-19. Available at SSRN: https://ssrn.com/abstract=2152594