Login

Muolo, Paul

Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis

Muolo, Paul - Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis, ebook

14,10€

Ebook, ePUB with Adobe DRM
ISBN: 9781118039588
DRM Restrictions

Printing120 pages with an additional page accrued every 7 hours, capped at 120 pages
Copy to clipboard5 excerpts

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.

Keywords: Chain of Blame, Paul Muolo, Muolo, Mathew Padilla, subprime mortgages, subprime mortgage crisis, mortgage meltdown, housing bubble, mortgage bubble, foreclosures, mortgage lenders, borrowers, adjustable rate mortgages, ARMs, refinancing, interest rates, housing loans, home loans, loan defaults, credit crunch

Author(s)
 
Publisher
John Wiley and Sons, Inc.
Publication year
2008
Language
en
Edition
1
Page amount
400 pages
Format
Ebook
eISBN (ePUB)
9781118039588
Printed ISBN
9780470292778

Similar titles