Zandi, Mark M., 1959-

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

HG 2040.5 / Z27fi 2009

332.7/220973