The Subprime Mortgage Crisis and Economic Checks and Balances
Loyola University New Orleans College of Law
Banking & Financial Services Policy Report, June 2012, at 15
Loyola University New Orleans College of Law Research Paper No. 2012-19
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.
Number of Pages in PDF File: 15
Keywords: subprime mortgage crisis, contract law
Date posted: September 26, 2012 ; Last revised: October 2, 2012