- Category: Books » Business & Economics » Accounting - Financial
- Format: Hardcover Learn more about the Hardcover format using Tower WIKI.
- Publisher: John Wiley & Sons
- Number of Pages: 224
- ISBN: 0470474238
- WAPI (Tower ID): 113296221
- Release Date: August 24, 2009
- Average Customer Review: There are no customer reviews yet. Be the first to write a review!
- Tower.com Sales Rank: #67541 in Books (See Top 100 Books Bestsellers)
- #2966 in Business & Economics (See Top 100 Business & Economics Bestsellers)
- #134 in Accounting - Financial (See Top 100 Accounting - Financial Bestsellers)
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Product DescriptionRun a Quick Search on "And Then the Roof Caved in: How Wall Street Greed and Stupidity Brought Capitalism to Its Knees" by David Faber to Browse Related Products:Browse more products related to "And Then the Roof Caved in: How Wall Street Greed and Stupidity Brought Capitalism to Its Knees"Browse more products related to "David Faber"Publisher's note"And Then the Roof Caved In" will lay 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. It will lay that truth out in painstaking detail 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 created the crisis of confidence that culminated on September 18th. 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. One result was the start of a housing bubble, the likes of which our nation had never witnessed. Readers will hear from the man behind that bubble, Dr. Alan Greenspan, who vigorously defended his decisions during this period, as well as the men and women who used sub-prime mortgages to buy their homes and now find themselves in the depths of despair. Faber also gives readers a deep, inside look at Wall Street, where the crisis was incubated and unleashed on the world. Bankers who led that effort admit to their only true motivation and share their secrets. Faber introduces readers to insiders from the ratings agencies, who take their former employers to task for abandoning any promise of integrity in their much valued credit ratings; regulators, who tried to stop this problem before it swung out of control; and the hedge fund managers who correctly foresaw the coming housing crash and profited from it. In addition, "And Then the Roof Caved In" will be timed to release with a documentary (of the same name ) Faber has been producing and is airing regularly on CNBC. AnnotationIn this highly critical expose, journalist David Farber examines the roots of the credit crrisis of 2007-2008, tracing its origins to moves by the Fed to bolster the economy after 9/11. Fraber finds plenty of blame to go around--and he singles out greedy bankers and lax regulators for his opprobrium. If You Enjoy "And Then the Roof Caved in: How Wall Street Greed and Stupidity Brought Capitalism to Its Knees (Hardcover)", May We Also Recommend:Customer Reviews for "And Then the Roof Caved in: How Wall Street Greed and Stupidity Brought Capitalism to Its Knees (Hardcover)" by David Faber (Author)There are no customer reviews yet. Be the first to write a review! Accounting - Financial Bestsellers
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