Coverart for item
The Resource Other people's houses : how decades of bailouts, captive regulators, and toxic bankers made home mortgages a thrilling business, Jennifer Taub

Other people's houses : how decades of bailouts, captive regulators, and toxic bankers made home mortgages a thrilling business, Jennifer Taub

Label
Other people's houses : how decades of bailouts, captive regulators, and toxic bankers made home mortgages a thrilling business
Title
Other people's houses
Title remainder
how decades of bailouts, captive regulators, and toxic bankers made home mortgages a thrilling business
Statement of responsibility
Jennifer Taub
Title variation
Other peoples houses
Title variation remainder
how decades of bailouts, captive regulators, and toxic bankers made home mortgages a thrilling business
Creator
Subject
Genre
Language
eng
Summary
In the wake of the financial meltdown in 2008, many claimed that it had been inevitable, that no one saw it coming, and that subprime borrowers were to blame. This accessible, thoroughly researched book is Jennifer Taub's response to such unfounded claims. Drawing on wide-ranging experience as a corporate lawyer, investment firm counsel, and scholar of business law and financial market regulation, Taub chronicles how government officials helped bankers inflate the toxic-mortgage-backed housing bubble, then after the bubble burst ignored the plight of millions of homeowners suddenly facing foreclosure. Focusing new light on the similarities between the savings and loan debacle of the 1980s and the financial crisis in 2008, Taub reveals that in both cases the same reckless banks, operating under different names, received government bailouts, while the same lax regulators overlooked fraud and abuse. Furthermore, in 2013 the situation is essentially unchanged. The author asserts that the 2008 crisis was not just similar to the S&L scandal, it was a severe relapse of the same underlying disease. And despite modest regulatory reforms, the disease remains uncured: top banks remain too big to manage, too big to regulate, and too big to fail
Summary
In the wake of the financial meltdown in 2008, many claimed that it had been inevitable, that no one saw it coming, and that subprime borrowers were to blame. This accessible, thoroughly researched book is Jennifer Taub's response to such unfounded claims. Drawing on wide-ranging experience as a corporate lawyer, investment firm counsel, and scholar of business law and financial market regulation, Taub chronicles how government officials helped bankers inflate the toxic-mortgage-backed housing bubble, then after the bubble burst ignored the plight of millions of homeowners suddenly facing foreclosure
Tone
Writing style
http://library.link/vocab/ext/novelist/bookUI
10314743
Cataloging source
DLC
Dewey number
332.7/20973
Index
index present
LC call number
HG2151
LC item number
.T38 2014
Literary form
non fiction
Nature of contents
bibliography
http://bibfra.me/vocab/lite/related_authorities
Oawzw7Fntro
http://library.link/vocab/resourcePreferred
True
Target audience
adult
http://bibfra.me/vocab/lite/titleRemainder
how decades of bailouts, captive regulators, and toxic bankers made home mortgages a thrilling business
Label
Other people's houses : how decades of bailouts, captive regulators, and toxic bankers made home mortgages a thrilling business, Jennifer Taub
Instantiates
Publication
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Control code
20257942
Dimensions
25 cm
Extent
viii, 406 pages
Isbn
9780300168983
Isbn Type
(cloth : alk. paper)
Media category
unmediated
Media MARC source
rdamedia
Label
Other people's houses : how decades of bailouts, captive regulators, and toxic bankers made home mortgages a thrilling business, Jennifer Taub
Publication
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Control code
20257942
Dimensions
25 cm
Extent
viii, 406 pages
Isbn
9780300168983
Isbn Type
(cloth : alk. paper)
Media category
unmediated
Media MARC source
rdamedia

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    • Attica Public LibraryBorrow it
      305 S. Perry St., Attica, IN, 47918, US
      40.292557 -87.24948

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