Reckless endangerment : how outsized ambition, greed, and corruption led to economic armageddon
(Book)
Author
Contributors
Published
New York : Times Books, 2011.
ISBN
9780805091205, 0805091203
Status
Description
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Location | Call Number | Status |
---|---|---|
Acorn Public Library District - Stacks | 332.72 MOR | On Shelf |
Chicago Heights Public Library - Stacks | 332.72 M85 | On Shelf |
Clarendon Hills Public Library - Stacks | 332.72 MOR | On Shelf |
Forest Park Public Library - Stacks | 332.72 MOR | On Shelf |
Glenwood-Lynwood Public Library District - Stacks | 332.72 MOR | On Shelf |
More Details
Published
New York : Times Books, 2011.
Format
Book
Physical Desc
xv, 331 pages, 8 unnumbered pages of plates : illustrations ; 25 cm
Language
English
ISBN
9780805091205, 0805091203
Notes
General Note
Includes index.
Description
"TheNew York Times's Pulitzer Prize-winning columnist reveals how the financial meltdown emerged from the toxic interplay of Washington, Wall Street, and corrupt mortgage lenders. 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 coauthor 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. Character-rich and definitive in its analysis, this is the one account of the financial crisis you must read"--,Provided by publisher.
Description
"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 coauthor 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. Character-rich and definitive in its analysis, this is the one account of the financial crisis you must read"--,Provided by publisher.
Citations
APA Citation, 7th Edition (style guide)
Morgenson, G., & Rosner, J. (2011). Reckless endangerment: how outsized ambition, greed, and corruption led to economic armageddon (1.). Times Books.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Morgenson, Gretchen and Joshua. Rosner. 2011. Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. Times Books.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Morgenson, Gretchen and Joshua. Rosner. Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon Times Books, 2011.
MLA Citation, 9th Edition (style guide)Morgenson, Gretchen., and Joshua Rosner. Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon 1., Times Books, 2011.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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