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Reckless Endangerment Gretchen Morgenson

Reckless Endangerment By Gretchen Morgenson

Reckless Endangerment by Gretchen Morgenson


$10.00
Condition - Very Good
Only 3 left

Summary

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. This title shows how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster.

Reckless Endangerment Summary

Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon by Gretchen Morgenson

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 co-author 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.

Additional information

GOR004541464
9780805091205
0805091203
Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon by Gretchen Morgenson
Used - Very Good
Hardback
Times Books
2011-07-20
352
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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