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And then the roof caved in [electronic resource] : how Wall Street's greed and stupidity brought capitalism to its knees / David Faber.

By: Contributor(s): Material type: TextTextPublication details: Hoboken, N.J. : John Wiley & Sons, 2009.ISBN:
  • 9780470474235 (cloth)
  • 0470474238 (cloth)
  • 9780470529195 (electronic bk)
  • 0470529199 (electronic bk)
Uniform titles:
  • Ebook library collection.
Subject(s): LOC classification:
  • F115t 2009
Online resources:
Contents:
Prologue: "on the verge" -- Bubble to bubble. Greenspan's shock and awe. Houses built on cow dung -- Home sweet home. Opening doors. An industry is born. Subprime returns -- The subprime machine. From delivering pizza to delivering mortgages. Living the dream. Diving into deep trouble -- Eyes wide shut. A warning unheeded. A dream no more -- Complicity. Moody's the money maker. Repeat customers -- The securitization from hell. The making of a CDO. Tough to kill. Turning crap into triple-A. From CDS to CDO. Insanity sets in -- Narvik and me. CDOs : an American export. The truth revealed--but did it matter? -- Mortgaging Merrill's future. Climbing out of poverty. A strong start. The secret weapon. Raking it in. Taking big risks -- A house of cards. Digging for gold. Building a case. The investment of a lifetime -- And then the roof caved in. The wheels coming off. The call. A crisis begins. The CDO blues. Light's out -- Epilogue.
Review: "And Then the Roof Caved In painstakingly details what really happened to cause the greatest economic collapse since the Great Depression. Written by David Faber - the award-winning correspondent who has covered Wall Street for more than two decades - this story is filled with the firsthand accounts of the bankers and regulators who unleashed this crisis on the world. They tell Faber what they did and why they did it." "Faber traces the lineage of the subprime industry and takes you back to the attacks of 9/11, after which Federal Reserve chairman Alan Greenspan embarked on an unprecedented effort to help the economy recover by sending interest rates to all-time lows. Faber details the precipitous drop in lending standards, which allowed people with marginal incomes to take on mortgages they could not afford, and explains how those mortgages came back to wreck the financial system."--BOOK JACKET.
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Holdings
Item type Current library Home library Collection Shelving location Call number Copy number Status Date due Barcode
Libro Libro Biblioteca Juan Bosch Biblioteca Juan Bosch Automatización y Procesos Técnicos Automatización y Procesos Técnicos (1er. Piso) F115t 2009 (Browse shelf(Opens below)) 1 Available 00000072994

Includes bibliographical references and index.

Prologue: "on the verge" -- Bubble to bubble. Greenspan's shock and awe. Houses built on cow dung -- Home sweet home. Opening doors. An industry is born. Subprime returns -- The subprime machine. From delivering pizza to delivering mortgages. Living the dream. Diving into deep trouble -- Eyes wide shut. A warning unheeded. A dream no more -- Complicity. Moody's the money maker. Repeat customers -- The securitization from hell. The making of a CDO. Tough to kill. Turning crap into triple-A. From CDS to CDO. Insanity sets in -- Narvik and me. CDOs : an American export. The truth revealed--but did it matter? -- Mortgaging Merrill's future. Climbing out of poverty. A strong start. The secret weapon. Raking it in. Taking big risks -- A house of cards. Digging for gold. Building a case. The investment of a lifetime -- And then the roof caved in. The wheels coming off. The call. A crisis begins. The CDO blues. Light's out -- Epilogue.

"And Then the Roof Caved In painstakingly details what really happened to cause the greatest economic collapse since the Great Depression. Written by David Faber - the award-winning correspondent who has covered Wall Street for more than two decades - this story is filled with the firsthand accounts of the bankers and regulators who unleashed this crisis on the world. They tell Faber what they did and why they did it." "Faber traces the lineage of the subprime industry and takes you back to the attacks of 9/11, after which Federal Reserve chairman Alan Greenspan embarked on an unprecedented effort to help the economy recover by sending interest rates to all-time lows. Faber details the precipitous drop in lending standards, which allowed people with marginal incomes to take on mortgages they could not afford, and explains how those mortgages came back to wreck the financial system."--BOOK JACKET.

Electronic reproduction : Ebook Library. Available via World Wide Web.

Original version xiii, 192 p. : ill. ; 24 cm.

System requirements for PC users: Internet Explorer 5.5 and above, Adobe Acrobat reader 6.0.2 and above. For Mac users: Safari 1.2 and above, Adobe Acrobat reader 7.0 and above.

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