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And Then the Roof Caved in : How Wall Street

And Then the Roof Caved in : How Wall Street

And Then the Roof Caved in : How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees. David Faber

And Then the Roof Caved in : How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees
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Author: David Faber
Page Count: none
Published Date: 08 Nov 2016
Publisher: Audible Studios on Brilliance
Publication Country: United States
Language: English
ISBN: 9781511384681
File Name: And.Then.the.Roof.Caved.in.How.Wall.Street's.Greed.and.Stupidity.Brought.Capitalism.to.Its.Knees.pdf
Download Link: And Then the Roof Caved in How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees
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CNBC's David Faber takes an in-depth look at the causes and consequences of the recent financial collapse. "And Then the Roof Caved In" lays bare the truth of the credit crisis, whose defining emotion at every turn has been greed, and whose defining failure is the complicity of the U.S. government in letting that greed rule the day. Faber painstakingly details the truth of what really happened with compelling characters who offer their first-hand accounts of what they did and why they did it. Faber explains the events of the previous seven years that planted the seeds for the worst economic crisis since the Great Depression. He begins in 2001, when the Federal Reserve embarked on an unprecedented effort to help the economy recover from the attacks of 9/11 by sending interest rates to all-time lows. Faber also provides an up-close look at where the crisis was incubated and unleashed upon the world Wall Street and introduces us to insiders, from investment banks and mortgage lenders to ratings agencies, that unwittingly conspired to insure lending standards were abandoned in the head-long rush for profits."

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