Is skin in the game the answer?

According to the Washington Post, one part of the soon-to-be-announced financial regulatory reform will be a requirement that lenders keep some "skin in the game":

Lenders would be required to retain at least 5 percent of the risk of losses on each package of loan pieces, known as an asset-backed security.

The administration concluded that securitization encouraged [...:]
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Published on June 16, 2009 10:15
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