The Resource Reckles$ endangerment : how outsized ambition, greed, and corruption led to economic armageddon, Gretchen Morgenson and Joshua Rosner

Reckles$ endangerment : how outsized ambition, greed, and corruption led to economic armageddon, Gretchen Morgenson and Joshua Rosner

Label
Reckles$ endangerment : how outsized ambition, greed, and corruption led to economic armageddon
Title
Reckles$ endangerment
Title remainder
how outsized ambition, greed, and corruption led to economic armageddon
Statement of responsibility
Gretchen Morgenson and Joshua Rosner
Title variation
Reckless endangerment
Creator
Contributor
Subject
Language
eng
Summary
  • "TheNew York Times's Pulitzer Prize-winning columnist reveals how the financial meltdown emerged from the toxic interplay of Washington, Wall Street, and corrupt mortgage lenders. In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times, exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy. Drawing on previously untapped sources and building on original research from coauthor Joshua Rosner--who himself raised early warnings with the public and investors, and kept detailed records--Morgenson connects the dots that led to this fiasco. Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, the FDIC, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster. Character-rich and definitive in its analysis, this is the one account of the financial crisis you must read"--
  • "In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times, exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy. Drawing on previously untapped sources and building on original research from coauthor Joshua Rosner--who himself raised early warnings with the public and investors, and kept detailed records--Morgenson connects the dots that led to this fiasco. Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, the FDIC, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster. Character-rich and definitive in its analysis, this is the one account of the financial crisis you must read"--
Tone
Writing style
http://library.link/vocab/ext/novelist/bookUI
385519
Cataloging source
DLC
http://library.link/vocab/creatorName
Morgenson, Gretchen
Dewey number
332.7/20973
Illustrations
  • illustrations
  • portraits
  • plates
Index
index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
Rosner, Joshua
http://library.link/vocab/resourcePreferred
True
http://library.link/vocab/subjectName
  • Federal National Mortgage Association
  • Subprime mortgage loans
  • Financial crises
  • Global Financial Crisis, 2008-2009
http://bibfra.me/vocab/lite/titleRemainder
how outsized ambition, greed, and corruption led to economic armageddon
Label
Reckles$ endangerment : how outsized ambition, greed, and corruption led to economic armageddon, Gretchen Morgenson and Joshua Rosner
Instantiates
Publication
Note
Includes index
Dimensions
25 cm.
Edition
1st ed.
Extent
xv, 331 p., [8] p. of plates
Isbn
9780805091205
Isbn Type
(hardback)
Lccn
2010047594
Other physical details
ill., ports.
System control number
  • (Sirsi) a675488
  • (OCoLC)679929239
Label
Reckles$ endangerment : how outsized ambition, greed, and corruption led to economic armageddon, Gretchen Morgenson and Joshua Rosner
Publication
Note
Includes index
Dimensions
25 cm.
Edition
1st ed.
Extent
xv, 331 p., [8] p. of plates
Isbn
9780805091205
Isbn Type
(hardback)
Lccn
2010047594
Other physical details
ill., ports.
System control number
  • (Sirsi) a675488
  • (OCoLC)679929239

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