And then the roof caved in how Wall Street's greed and stupidity brought capitalism to its knees
CNBC's David Faber takes an in-depth look at the causes and consequences of the recent financial collapse. The text bares the truth of the credit crisis, whose defining emotion at every turn has been greed, and whose defining failure is the complicity of the U.S. government in letting that gree...
| Autor principal: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, NJ :
John Wiley & Sons
2009.
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| Edición: | Rev. and updated [ed.] |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009627366806719 |
Tabla de Contenidos:
- Acknowledgments. Prologue "On the Verge". Chapter 1 Bubble to Bubble. Greenspan's Shock and Awe. Houses Built on Cow Dung. Chapter 2 Home Sweet Home. Opening Doors. An Industry Is Born. Subprime Returns. Chapter 3 The Subprime Machine. From Delivering Pizza to Delivering Mortgages. Living the Dream. Diving into Deep Trouble. Chapter 4 Eyes Wide Shut. A Warning Unheeded. A Dream No More. Chapter 5 The Great Enabler. Fannie Mae and Freddie Mac Hit the Scene. Fannie and Freddie Get a Timeout. Wall Street Takes Over. A Tsunami of Mortgages. From Ownit to Out of It. Back from the Grave. Chapter 6 Complicity. Moody's the Money Maker. Repeat Customers. Chapter 7 The Securitization from Hell. The Making of a CDO. Tough to Kill. Turning "Crap into Triple-A". From CDS to CDO. Insanity Sets In. Chapter 8 Narvik and Me. CDOs: An American Export. The Truth Revealed-But Does It Matter? Chapter 9 Mortgaging Merrill's Future. Climbing Out of Poverty. A Strong Start. The Secret Weapon. Raking It In. Taking Big Risks. Chapter 10 A House of Cards. Digging for Gold. Building a Case. The Investment of a Lifetime. Chapter 11 And Then the Roof Caved In. The Wheels Coming Off. The Call. A Crisis Begins. The CDO Blues. Lights Out. Epilogue. A Note on Sources. Resources from CNBC. Index.
