Abdelwahab El-Effendi writes for Muslim News: ‘Collapse of "Subprime" Arab Regimes: Consequences’
14 March 2011
The people who sold this product, like the banks which packaged and sold subprime mortgages as AAA securities, at first knew about the problems with their products, but soon became deceived by their own marketing pitch. Eventually, they came to believe not only that the regime was stable and solid, but that it was a force for good. It supported ‘peace’ in the Middle East (they also believed that we do have peace in the region!), it kept extremists at bay and promoted a ‘moderate’ agenda.
Please click here to read the rest of the story: http://www.muslimnews.co.uk/paper/index.php?article=5134
About the University of Westminster:
The University of Westminster boasts a vibrant learning environment attracting more than 20,000 students from over 150 nations and we continue to invest in our future with new developments, research projects and new ideas.
We offer highly attractive practice-based courses that are independently rated as excellent, many with international recognition. Our distinguished 175-year history has meant we lead the way in many areas of research, particularly politics, media, art and design, architecture and biomedical sciences, and our position in the city of London allows us to continue to build on our close connections with leading figures and organisations in these areas as well as in the worlds of business, information technology, politics and law.
Our commitment to educating graduates for the needs of professional life attracts high quality students from within the UK and around the globe.
Internationalisation, employability and sustainability are key elements in the University of Westminster’s vision for the future and we strive to ensure the very highest standards are met and maintained.