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Chain of Blame - How Wall Street Caused the Mortgage and Credit Crisis (Paperback, Updated, Expand) Loot Price: R343
Discovery Miles 3 430
You Save: R46 (12%)
Chain of Blame - How Wall Street Caused the Mortgage and Credit Crisis (Paperback, Updated, Expand): Paul Muolo, Mathew Padilla

Chain of Blame - How Wall Street Caused the Mortgage and Credit Crisis (Paperback, Updated, Expand)

Paul Muolo, Mathew Padilla

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List price R389 Loot Price R343 Discovery Miles 3 430 You Save R46 (12%)

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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 aheadDiscusses 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.

General

Imprint: John Wiley & Sons
Country of origin: United States
Release date: February 2010
First published: 2008
Authors: Paul Muolo • Mathew Padilla
Dimensions: 244 x 145 x 22mm (L x W x T)
Format: Paperback
Pages: 400
Edition: Updated, Expand
ISBN-13: 978-0-470-55465-4
Categories: Books > Business & Economics > Economics > Financial crises & disasters
Books > Business & Economics > Finance & accounting > Finance > Credit & credit institutions
Books > Business & Economics > Finance & accounting > Finance > Property & real estate
Books > Money & Finance > Credit & credit institutions
Books > Money & Finance > Property & real estate
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LSN: 0-470-55465-7
Barcode: 9780470554654

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