Who was harmed by misvaluing of subprime mortgages


Problem:

The case is about Conflicts of Interests in Subprime Mortgages and at Enron.

The case can be researched on google. Some details may be found here:

https://www.neocrisis.com/articles/178-jazzking2001s-/9791-enron-a-conflict-of-interest

1. Who was harmed by misvaluing of subprime mortgages? Who was benefited?

2. Who, if anyone, was harmed by Andrew Fastow's dual roles as Enron's CFO and as managing partner of Enron's SPEs?

3. What laws or policies would you recommend to prevent future Enron's and to reform lending practices in high risk credit markets?

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