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Book Cover
E-book
Author Gilbert, Mark

Title Complicit : How Greed and Collusion Made the Credit Crisis Unstoppable
Published Hoboken : John Wiley & Sons, 2010

Copies

Description 1 online resource (194 pages)
Series Bloomberg
Bloomberg
Contents Complicit; Contents; Introduction; 1 Bubbles Are for Bathtubs; 2 Unsafe at Any Rating; 3 Priced for Perfection; 4 Bubbles, Bubbles Everywhere; 5 Judgment or Luck; 6 Knight in Rusty Armor; 7 The Noose Tightens; 8 Central Banks, Unbalanced; 9 Et Tu, Money Markets and Municipals?; 10 Giants Fall; 11 Conclusions and Policy Prescriptions; Index
Summary The credit crunch is affecting every investor and every consumer, every industry and every government program, yet few people truly understand how it happened. Subprime mortgages have been center stage, but behind the scenes a conspiracy of greed among bankers, investors, rating agencies and regulators has imperiled everyone's financial future. We need to know what went wrong and how to change the practices that led to this calamity. Bloomberg columnist Mark Gilbert shows how Wall Street's tolerance for extremes made the global credit crunch both foreseeable and inevitable. He offers a blow-by
Notes Print version record
Subject Subprime mortgage loans -- United States
Credit -- United States
Financial crises -- United States
Mortgage banks -- United States.
BUSINESS & ECONOMICS -- Economic History.
Credit
Financial crises
Mortgage banks
Subprime mortgage loans
United States
Form Electronic book
ISBN 9780470883501
0470883502
1282683950
9781282683952