Reckles$ endangerment : how outsized ambition, greed, and corruption led to economic armageddon
著者
書誌事項
Reckles$ endangerment : how outsized ambition, greed, and corruption led to economic armageddon
Times Books/ Henry Hol, 2011
- タイトル別名
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Reckless endangerment : how outsized ambition greed and corruption led to economic armageddon
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注記
Includes index
内容説明・目次
内容説明
In "Reckless Endangerment", Gretchen Morgenson, the star business columnist of "The New York Times", exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy. Drawing on previously untapped sources and building on original research from co-author Joshua Rosner - who himself raised early warnings with the public and investors, and kept detailed records - Morgenson connects the dots that led to this fiasco. Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, the FDIC, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster.
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