Chain of blame : how Wall Street caused the mortgage and credit crisis / / Paul Muolo, Mathew Padilla.
In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. Banks like Countrywide and non-banks such as New Century Financial--all financed by Bear Stearns, Goldman Sachs, Merrill Lynch, Lehman Brothers and others--were in danger of closing, or actually failing. On...
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| Year of Publication: | 2008 |
| Language: | English |
| Online Access: | |
| Physical Description: | xiii, 338 p. |
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| Summary: | In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. Banks like Countrywide and non-banks such as New Century Financial--all financed by Bear Stearns, Goldman Sachs, Merrill Lynch, Lehman Brothers and others--were in danger of closing, or actually failing. On average, 50 lenders a month were going bust. Chain of Blame will chronicle the disaster, focusing on the players - the executives on Wall Street but also the lenders and brokers. It's a national story of greed and avaraice, one that hasn't come down the pike since the S&L scandal.--From publisher description. |
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| Bibliography: | Includes bibliographical references (p. 309-317) and index. |
| ISBN: | 9780470292778 (cloth) 0470292776 (cloth) |
| Hierarchical level: | Monograph |
| Statement of Responsibility: | Paul Muolo, Mathew Padilla. |