Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis, 1st Ed.

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Hinweise des Verkäufers
“1st Edition in Excellent Condition, Ships Quickly!”
Type
Academic History
Modified Item
No
Country
USA
Title
Chain of Blame
Weight
1.25 lbs
IsTextBook
No
Subjects
Business, Economics & Industry
Binding
Hardcover
Product Group
Book
Age Level
Adults
Special Attributes
1st Edition
Era
2000s
ISBN
9780470292778
Kategorie

Über dieses Produkt

Product Identifiers

Publisher
Wiley & Sons, Incorporated, John
ISBN-10
0470292776
ISBN-13
9780470292778
eBay Product ID (ePID)
66256143

Product Key Features

Book Title
Chain of Blame : How Wall Street Caused the Mortgage and Credit Crisis
Number of Pages
352 Pages
Language
English
Publication Year
2008
Topic
Economic History, Finance / General, Real Estate / Mortgages, Investments & Securities / Stocks
Genre
Business & Economics
Author
Paul Muolo, Mathew Padilla
Format
Hardcover

Dimensions

Item Height
1.2 in
Item Weight
21.2 Oz
Item Length
9.3 in
Item Width
6.1 in

Additional Product Features

Intended Audience
Trade
LCCN
2008-021463
Reviews
" Chain of Blame is one of the first books to delve deeply into the central role that big banks played in the mess...for a juicy, name-dropping read, Muolo and Padilla's book is hard to beat."-- BusinessWeek "Muolo and Padilla examine just who was to blame for the crisis and find that it is not just cowboy operators." (CEO Middle East, September 2008) "...a level-headed book...the anecdotal style is easy-going...much the best book on the mortgage industry". Fund Strategy 1 September 2008 "...a ripping piece of reporting... The authors know their stuff." Bloomberg News Monday 28 July 2008
Dewey Edition
22
Dewey Decimal
332.7/20973
Table Of Content
Introduction: Financial Ashes vii Cast of Characters xiii Chapter 1 Angelo Speaks, the Worldwide Contagion Begins 1 Chapter 2 The Repo Man Meets the Bald Granny: A Short History of Subprime 23 Chapter 3 The Death of the Bailey Building and Loan, the Rise of Millionaire Loan Brokers and Countrywide 47 Chapter 4 The Beach Boys of B&C: How Roland Arnall Became the Johnny Appleseed of Subprime 73 Chapter 5 Angelo Rising: The Son of a Bronx Butcher Makes Good 103 Chapter 6 The Holy Roller of REITs 127 Chapter 7 The End of the (New) Century 149 Chapter 8 A Conspiracy by Merrill? 179 Chapter 9 A Warning from Lewie: CDOs, SIVs, and Other Things No One Understands 205 Chapter 10 Deep in the Belly of the Bear 227 Chapter 11 Armageddon Times: The Tan Man Departs, Bye-Bye Bear 249 Chapter 12 What the Hell Happened? Ten Bad Years for Housing in America 277 Chapter 13 TARP, the Great Recession, and the Return of Stan Kurland 309 Afterword TBTF: A Mortgage Cartel Rises from the Ashes 335 Source and Interview Notes 341 Glossary 351 Acknowledgments 359 About the Authors 361 Index 363
Synopsis
An updated and revised look at the truth behind America's housing and mortgage bubbles In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust-and the people responsible for the crisis included not just unregulated loan brokers and con artists, but also investment bankers and home loan institutions traditionally perceived as completely trustworthy. Chain of Blame chronicles this incredible disaster, with a specific focus on the players who participated in such a fundamentally flawed fiasco. In it, authors Paul Muolo and Mathew Padilla reveal the truth behind how this crisis occurred, including what individuals and institutions were doing during this critical time, and who is ultimately responsible for what happened. Discusses the latest revelations in the housing and mortgage crisis, including the SEC's charging of Angelo Mozilo Two well-regarded financial journalists familiar with the events that have taken place chronicle the crisis in detail, showing what happened as well as what lies ahead Discusses how the world's largest investment banks, homeowners, lenders, credit rating agencies, underwriters, and investors all became entangled in the subprime mess Intriguing and informative, Chain of Blame is a compelling story of greed and avarice, one in which many are responsible, but few are willing to admit their mistakes., An updated and revised look at the truth behind America's housing and mortgage bubbles In the summer of 2007, the subprime empire that Wall Street had built all came crashing down., Praise for Chain of Blame The truth behind America's housing and mortgage crisis "Two of the smartest, most entertaining investigative reporters alive, describe one of the most important financial stories of our time. If you had any skin at all in the housing boom, you've got to read the story of exactly how that boom went bust. As Paul Muolo did with the S&L crisis of the '80s, he and Mathew Padilla have now become the chief chroniclers of the subprime crisis." David Asman, Host of America's Nightly Scoreboard on Fox Business Network and Forbes on Fox on Fox News Channel, and former op-ed editor of the Wall Street Journal "Paul Muolo and Mathew Padilla display their deep knowledge of the mortgage industry and all its players. Chain of Blame is a comprehensive examination of a crisis that affects us all." Scott Cohn, Senior Correspondent, CNBC In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust and the people responsible for the crisisincluded not justunregulated loan brokers andcon artists, but also investment bankers and home loan institutions traditionally perceived as completely trustworthy. Chain of Blame chronicles this incredible disaster, with a specific focus on the players who participated in such a fundamentally flawed fiasco. Authors Paul Muolo and Mathew Padilla, well-regarded journalists for National Mortgage News and the Orange County Register respectively, reveal the truth behind how this crisis occurred, what individuals and institutions from lenders and brokers to some of the biggest investment banks in the world were doing during this critical time, and who is ultimately responsible for what happened.
LC Classification Number
HG5095M86 2008

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