| Description |
xviii, 380 p., [16] p. of plates : ill. ; 24 cm. |
| Bibliography |
Includes bibliographical references and index. |
| Summary |
This surprising narrative goes back more than twenty years to reveal, in rich, anecdotal detail, how Wall Street, the mortgage industry, and the government conspired to change the way Americans bought their homes, creating a perfect storm. The authors take us inside elusive institutions such as Goldman Sachs, AIG, and Fannie Mae, to reveal who changed the game and why. |
| Contents |
The three amigos -- "Ground Zero, baby" -- The big, fat gap -- Risky business -- A nice little BISTRO -- The wizard of Fed -- The Committee to Save the World -- Why everyone loved Moody's -- "I like big bucks and I cannot lie" -- The carnival barker -- Goldman envy -- The Fannie follies -- The wrap -- Mr. Ambassador -- "When I look a homeowner in the eye--" -- Hank Paulson takes the plunge -- "I'm short your house" -- The smart guys -- The gathering storm -- The dumb guys -- Collateral damage -- The volcano erupts -- Rage at the machine. |
| Subject |
Global Financial Crisis, 2008-2009.
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Financial crises -- United States -- History -- 21st century.
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Mortgage-backed securities -- United States.
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Subprime mortgage loans -- United States.
|
| Added Author |
Nocera, Joseph.
|
| ISBN |
9781591843634 |
|
1591843634 |
|
