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The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System Paperback - 2010
by Charles Gasparino
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Critically acclaimed investigative reporter Gasparino chronicles one of the most dramatic and anxiety-ridden eras in the nation's socio-economic history: the collapse of Wall Street's legendary firms.
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From the rear cover
The ongoing tumult in financial markets and the global economy began when some of our most esteemed financial institutions, our government, and even average citizens abdicated their collective responsibilities, eventually selling out investors and selling off the American Dream itself.
From critically acclaimed investigative journalist and CNBC personality Charles Gasparino comes a sweeping examination of the most volatile, anxiety-ridden era in our nation's socioeconomic history. The winner of the 2009 Investigative Reporters and Editors Award for Books, The Sellout traces the recent implosion of the financial services business back to its roots in the late 1970s, when Wall Street embraced a new business model predicated on enormous risk. Gasparino reveals a startling trail of culpability--from the government bureaucrats who crafted housing policies to the Wall Street firms that underwrote and invested in risky debt, to the mortgage sellers who indiscriminately handed out loans, and finally to the homeowners who thought they could afford mansions on blue-collar wages.
Details
- Title The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System
- Author Charles Gasparino
- Binding Paperback
- Edition Reprint
- Pages 592
- Volumes 1
- Language ENG
- Publisher Harper Business
- Publication date 2010-10-19
- Features Bibliography, Glossary, Index, Table of Contents
- ISBN 9780061697173 / 0061697176
- Weight 0.98 lbs (0.44 kg)
- Dimensions 8.02 x 5.34 x 1.4 in (20.37 x 13.56 x 3.56 cm)
- Category Business / Economics / Finance
- Library of Congress subjects Financial crises - United States - History -, Wall Street (New York, N.Y.) - History -
- Dewey Decimal Code 332.042
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