The financial crisis inquiry report
Subtitle: final report of the National Commission on the Causes of the Financial and Economic Crisis in the United States
By: Financial Crisis Inquiry Commission
Edition: Authorized ed., 1st ed.
Publisher: Public Affairs
Published: 2011
Place of publication: New York, NY
Language: eng
Number of pages: 545
ISBN-13: 9781610390415
Subjects: Bank investments; Economic conditions; Financial crises; Subprime mortgage loans; Global Financial Crisis, 2008-2009; Mortgage-backed securities
Other titles: Final report of the National Commission on the Causes of the Financial and Economic Crisis in the United States
Description: Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability.
Notes: Includes bibliographical references (p. 465-545).
Table of contents: title: PART I :; title: CRISIS ON THE HORIZON:; title: Before our very eyes -- -- PART II :; title: SETTING THE STAGE:; title: Shadow banking --; title: Securitization and derivatives --; title: Deregulation redux --; title: Subprime lending -- -- PART III :; title: THE BOOM AND BUST:; title: Credit expansion --; title: The mortgage machine --; title: The CDO machine --; title: All in --; title: The madness --; title: The bust -- -- PART IV :; title: THE UNRAVELING:; title: Early 2007 : spreading subprime worries --; title: Summer 2007 : disruptions in funding --; title: Late 2007 to early 2008 : billions in subprime losses --; title: March 2008 : the fall of Bear Stearns --; title: March to August 2008 : systemic risk concerns --; title: September 2008 : the takeover of Fannie Mae and Freddie Mac --; title: September 2008 : the bankruptcy of Lehman --; title: September 2008 : the bailout of AIG --; title: Crisis and panic -- -- PART V :; title: THE AFTERSHOCKS:; title: The economic fallout --; title: The foreclosure crisis --; title: DISSENTING VIEWS:; title: Dissenting statement  -- Keith Hennessey, -- Douglas Holtz-Eakin, -- Bill Thomas; title: Financial Crisis Inquiry Commission dissenting statement -- Peter J. Wallison