Subprime Virus

Name: Subprime Virus
Brand: Oxford University Press Inc
SKU: 9780195388824
Price: 50.52 EUR
Availability: InStock

Reckless Credit, Regulatory Failure, and Next Steps

Autor: Kathleen C. Engel, Patricia A. McCoy

Jazyk:

Väzba: Pevná

Vydavateľ: Oxford University Press Inc

Dostupnosť: Skladom u dodávateľa

Odosielame za 10-18 dní

50.52 €

In this lively new book, Kathleen C. Engel and Patricia A. McCoy tell the full story behind the subp...

Informácie o knihe

Autor

Kathleen C. Engel, Patricia A. McCoy

Jazyk

Angličtina

Väzba

Kniha - Pevná

Vydalo

2011

Stránok

368

EAN

9780195388824

ISBN

0195388828

Enbook ID

04519111

Vydavateľ

Oxford University Press Inc

Hmotnosť

644

Rozmery

166 x 240 x 26

Kompletný popis

In this lively new book, Kathleen C. Engel and Patricia A. McCoy tell the full story behind the subprime crisis. The authors, experts in the law and economics of financial regulation and consumer lending, offer a sharply reasoned, but accessible account of the actions that produced the greatest economic collapse since the Great Depression. The Subprime Virus reveals how consumer abuses in a once obscure corner of the home mortgage market led to the near meltdown of the world's financial system. Wall Street peddled subprime loans to investors through complex but dodgy financial instruments that spread like a virus. A central theme in the book is the role of federal banking and securities regulators, who were well aware of lenders' risky, deceptive mortgages and of Wall Street's addiction to high stakes financing. These regulators, believing that markets would self-correct, did nothing until the crisis erupted. While the spread of the subprime virus resulted from economic and political failures, its lessons inform the building of a new, more stable, prosperous and just financial order.

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Subprime Virus

Reckless Credit, Regulatory Failure, and Next Steps

Informácie o knihe

Kompletný popis

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