Anti-oedipal dynamics in the sub-prime loan debacle: The case of a study by the Boston Federal Reserve Bank

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Title: Anti-oedipal dynamics in the sub-prime loan debacle: The case of a study by the Boston Federal Reserve Bank
Year: 2010
Authors: Schwartz, H. S.
Abstract:

For the purpose of this paper, my main focus will be on an influential study in the period leading up to the financial crisis, and one whose dynamics are representative of the phenomena I wish to explore. This was a study by the Boston branch of the Federal Reserve Bank that was first reported in 1992 (Munnell, Browne, McEneaney, and Tootell, 1996). Perhaps more than any other, it was taken as proof that there was racial discrimination in mortgage lending, and it led to a loosening of the criteria used to assess credit worthiness among black mortgage applicants.

Keywords: psychological, dynamics, financial crisis, racial discrimination, mortgage lending, sub-prime loan
Language: English


Date: 6/14/2010
Location: Elsinore, Denmark
Name of Event/Conference: 27th Annual Meeting of the International Society for the Psychoanalytic Study of Organizations
Sponsoring Organization: ISPSO

Submitted by:
Elizabeth Novogratz

Corresponding author:

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