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Giancarlo Bertocco

This chapter briefly describes the key characteristics of the contemporary crisis. The first characteristic is related to the place where it originated. The second concerns the phenomenon that triggered the crisis, that is, the substantial increase in delinquencies in a specific category of residential mortgages, namely, the so-called subprime mortgages. The third characteristic had to do with the evolution of the crisis since 2007.

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Louis-Philippe Rochon and Sergio Rossi

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Edited by Marek Belka, Ewald Nowotny, Pawel Samecki and Doris Ritzberger-Grünwald

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Edited by Marek Belka, Ewald Nowotny, Pawel Samecki and Doris Ritzberger-Grünwald

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Edited by Marek Belka, Ewald Nowotny, Pawel Samecki and Doris Ritzberger-Grünwald

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Edited by Marek Belka, Ewald Nowotny, Pawel Samecki and Doris Ritzberger-Grünwald

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Marek Belka, Ewald Nowotny, Doris Ritzberger-Grünwald and Pawel Samecki

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Michael Parkin

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  • Research Handbooks in Financial Law series

Thomas F. Huertas

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  • Research Handbooks in Financial Law series

Edited by Matthias Haentjens and Bob Wessels