The banks did it : an anatomy of the financial crisis / [Neil Fligstein]
By: Fligstein, Neil [author.].
Publisher: Cambridge, Massachusetts : Harvard University Press, ©2021Description: 315 p.Content type: text Media type: unmediated Carrier type: volumeISBN: 9780674249356.Subject(s): Financial crises -- United States -- History -- 21st century | Banks and banking -- United States -- History -- 21st century | Mortgages -- United States -- History -- 21st century | Global Financial Crisis, 2008-2009Genre/Form: Print books.| Current location | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|
| On Shelf | HB3725 .F55 2021 (Browse shelf) | Available | AU00000000017642 |
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| HB3722 .T655 2021 Shutdown : how COVID shook the world's economy / | HB3722 .V34 2014 The next economic disaster : why it's coming and how to avoid it / | HB3722 .Z54 2018 Stock market crashes : predictable and unpredictable and what to do about them / | HB3725 .F55 2021 The banks did it : an anatomy of the financial crisis / | HB3730 .E55 2005 Ahead of the curve : a commonsense guide to forecasting business and market cycles / | HB3743 .K58 2011 The financial crisis of our time / | HB3743 .M53 2014 House of debt : how they (and you) caused the Great Recession, and how we can prevent it from happening again / |
Includes bibliographical references and index.
A long strange trip -- From mortgages to mortgage securitization -- The rise of the vertically integrated private banks, 1992-2001 -- Financial innovation and the alphabet soup of financial products -- The subprime moment, 2001-2008 -- The crisis and its spread worldwide -- Fraud and the financial crisis -- Why did the federal reserve miss the crisis of 2008? -- The banks did it (with the help of the government).
"To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages-originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the economy"--