The Subprime Mortgage Crisis and Economic Checks and Balances
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
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