Financial shock : global panic and government bailouts : how we got here and what must be done to fix it /
Mark Zandi.
- Updated ed.
- Upper Saddle River, NJ : Pearson Education, c2009.
- 293 p. : ill. ; 23 cm.
Includes bibliographical references and index.
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 builders run aground -- As the regulatory cycle turns -- Boom, bubble, bust, and crash -- Credit crunch -- Timid policymakers turn bold -- Economic fallout -- Back to the future.
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
0137016638 9780137016631
Subprime mortgage loans--United States. Housing--Finance.--United States Bailouts (Government policy) Préstamos hipotecarios subprime --Estados Unidos Financiación de vivienda --Estados Unidos Vivienda--Financiación --Estados Unidos