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Story Behind the Mortgage and Housing Meltdown: The Legacy of Greed

Story Behind the Mortgage and Housing Meltdown: The Legacy of Greed

          
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About the Book

Many people think that greedy lenders intent on victimizing unsuspecting borrowers caused the mortgage crisis, saddling them with loans they couldn't afford and taking their houses through foreclosure for later sale at a profit. If that's what you think, you're dead wrong. It was a complex melding of events and opportunities, an economic perfect storm that came within a hair's breadth of toppling the American financial system and the economies of numerous other countries. And it didn't have to happen. In this book, Kenneth Clark, a longtime mortgage banker and financial industry insider, talks about the real root causes of the mortgage and housing meltdown and how the government's failures and Wall Street's greed enabled the collapse.
About the Author: Kenneth Clark speaks from experience, not from political or financial ambition. His insights will benefit everyone desiring to filter out the buzzwords and gain clarity into why this disaster occurred, and how to prevent it from happening ever again.


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Product Details
  • ISBN-13: 9781452054391
  • Publisher: Authorhouse
  • Publisher Imprint: AuthorHouse
  • Depth: 0.1875
  • Language: English
  • Returnable: Y
  • Spine Width: 18 mm
  • Weight: 394 gr
  • ISBN-10: 1452054398
  • Publisher Date: 05 Aug 2010
  • Binding: Hardback
  • Height: 234 mm
  • No of Pages: 164
  • Series Title: English
  • Sub Title: The Legacy of Greed
  • Width: 159 mm


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