Chain of blame [electronic resource] : how Wall Street caused the mortgage and credit crisis / Paul Muolo, Mathew Padilla.

By:

Muolo, Paul

Contributor(s):

Publication details: Hoboken, N.J. : John Wiley & Sons, c2008.Description: xiii, 338 pISBN:

0470292776 (cloth)
9780470292778 (cloth)

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Genre/Form:

Electronic books.

DDC classification:

332.7/20973 22

LOC classification:

HG5095 .M86 2008eb

Online resources:

Click here to access online

Summary: 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.

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eBooks

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Includes bibliographical references (p. 309-317) and index.

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.

Electronic reproduction. Palo Alto, Calif. : ebrary, 2013. Available via World Wide Web. Access may be limited to ebrary affiliated libraries.