Chain of blame : how Wall Street caused the mortgage and credit crisis / Paul Muolo, Mathew Padilla

Author : Muolo,Paul
Rating :
Chain of blame : how Wall Street caused the mortga...

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

Publisher : Hoboken N.J. : John Wiley & Sons
Publish Year : 2008
Page : xiii, 338 p
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