Description |
1 online resource (194 pages) |
Series |
Bloomberg |
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Bloomberg
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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
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Credit -- United States
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Financial crises -- United States
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Mortgage banks -- United States.
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BUSINESS & ECONOMICS -- Economic History.
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Credit
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Financial crises
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Mortgage banks
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Subprime mortgage loans
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United States
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Form |
Electronic book
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ISBN |
9780470883501 |
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0470883502 |
|
1282683950 |
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9781282683952 |
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