Financial shock global panic and government bailouts--how we got here and what must be done to fix it

Examines the underlying causes of the current mortgage crisis, from irresponsible lenders and predatory speculators to home "flippers" and less-than-truthful borrowers, and provides advice for reforms and regulations which could prevent a recurrence in the future

Bibliographic Details
Main Author: Zandi, Mark M.
Format: eBook
Language:English
Published: Upper Saddle River, N.J. FT Press 2009
Edition:Updated ed
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Table of Contents:
  • Subprime précis
  • Sizing up subprime
  • Everyone should own a home
  • Chairman Greenspan counts on housing
  • Global money men want a piece
  • Bad lenders drive out the good
  • Financial engineers and their creations
  • Home buildings run aground
  • As the regulatory cycle turns
  • Boom, bubble, bust, and crash
  • Credit crunch
  • Timid policymakers turn bold
  • Economic fallout
  • Back to the future
  • Includes bibliographical references (pages 273-284) and index