{"product_id":"chain-of-blame-how-wall-street-caused-the-mortgage-and-credit-crisis-paperback-softback-9780470554654","title":"Chain of Blame; How Wall Street Caused the Mortgage and Credit Crisis (Paperback \/ softback) 9780470554654","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eChain of Blame\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eHow Wall Street Caused the Mortgage and Credit Crisis\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003ePaul Muolo (Author), Mathew Padilla (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470554654, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 19 February 2010\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e400 pages\u003cbr\u003e22.9 x 15.2 x 2.4 cm, 0.49 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eAn updated and revised look at the truth behind America's housing and mortgage bubbles\u003c\/p\u003e \u003cp\u003eIn the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust-and the people responsible for the crisis included not just unregulated loan brokers and con artists, but also investment bankers and home loan institutions traditionally perceived as completely trustworthy.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eChain of Blame\u003c\/i\u003e chronicles this incredible disaster, with a specific focus on the players who participated in such a fundamentally flawed fiasco. In it, authors Paul Muolo and Mathew Padilla reveal the truth behind how this crisis occurred, including what individuals and institutions were doing during this critical time, and who is ultimately responsible for what happened.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eDiscusses the latest revelations in the housing and mortgage crisis, including the SEC's charging of Angelo Mozilo\u003c\/li\u003e \u003cli\u003eTwo well-regarded financial journalists familiar with the events that have taken place chronicle the crisis in detail, showing what happened as well as what lies ahead\u003c\/li\u003e \u003cli\u003eDiscusses how the world's largest investment banks, homeowners, lenders, credit rating agencies, underwriters, and investors all became entangled in the subprime mess\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eIntriguing and informative, \u003ci\u003eChain of Blame\u003c\/i\u003e is a compelling story of greed and avarice, one in which many are responsible, but few are willing to admit their mistakes.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eAcknowledgments vii\u003c\/p\u003e \u003cp\u003eIntroduction ix\u003c\/p\u003e \u003cp\u003eCast of Characters xi\u003c\/p\u003e \u003cp\u003eChapter 1 Angelo Speaks, the Worldwide Contagion Begins 1\u003c\/p\u003e \u003cp\u003eChapter 2 The Repo Man Meets the Bald Granny: A Short History of Subprime 23\u003c\/p\u003e \u003cp\u003eChapter 3 The Death of the Bailey Building and Loan, the Rise of Millionaire Loan Brokers and Countrywide 47\u003c\/p\u003e \u003cp\u003eChapter 4 The Beach Boys of B\u0026amp;C: How Roland Arnall Became the Johnny Appleseed of Subprime 73\u003c\/p\u003e \u003cp\u003eChapter 5 Angelo Rising: The Son of a Bronx Butcher Makes Good 103\u003c\/p\u003e \u003cp\u003eChapter 6 The Holy Roller of REITs 127\u003c\/p\u003e \u003cp\u003eChapter 7 The End of the (New) Century 149\u003c\/p\u003e \u003cp\u003eChapter 8 A Conspiracy by Merrill? 179\u003c\/p\u003e \u003cp\u003eChapter 9 A Warning from Lewie: CDOs, SIVs, and Other Things No One Understands 205\u003c\/p\u003e \u003cp\u003eChapter 10 Deep in the Belly of the Bear 227\u003c\/p\u003e \u003cp\u003eChapter 11 Armageddon Times: The Tan Man Departs, Bye-Bye Bear 249\u003c\/p\u003e \u003cp\u003eChapter 12 What the Hell Happened? Ten Bad Years for Housing in America 277\u003c\/p\u003e \u003cp\u003eAfterword We Buried (Some of) Our Garbage Overseas 305\u003c\/p\u003e \u003cp\u003eSource and Interview Notes 309\u003c\/p\u003e \u003cp\u003eGlossary 319\u003c\/p\u003e \u003cp\u003eAbout the Authors 327\u003c\/p\u003e \u003cp\u003eIndex 329\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52502976037144,"sku":"9780470554654","price":11.48,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470554654.jpg?v=1786322268","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/chain-of-blame-how-wall-street-caused-the-mortgage-and-credit-crisis-paperback-softback-9780470554654","provider":"Freshly Printed Books","version":"1.0","type":"link"}