And then the roof caved in
Subtitle: how Wall Street's greed and stupidity brought capitalism to its knees
By: David Faber.
Publisher: John Wiley & Sons
Published: 2009
Place of publication: Hoboken, N.J
Language: eng
ISBN-13: 9780470474235
Subjects: Real estate investment -- United States; Financial crises -- United States; Foreclosure -- United States; Mortgage loans -- United States
Notes: Includes bibliographical references and index.
Table of contents: title: Prologue: "on the verge"; title: Bubble to bubble. Greenspan's shock and awe. Houses built on cow dung; title: Home sweet home. Opening doors. An industry is born. Subprime returns; title: The subprime machine. From delivering pizza to delivering mortgages. Living the dream. Diving into deep trouble; title: Eyes wide shut. A warning unheeded. A dream no more; title: Complicity. Moody's the money maker. Repeat customers; title: The securitization from hell. The making of a CDO. Tough to kill. Turning crap into triple-A. From CDS to CDO. Insanity sets in; title: Narvik and me. CDOs : an American export. The truth revealed; title: but did it matter?; title: Mortgaging Merrill's future. Climbing out of poverty. A strong start. The secret weapon. Raking it in. Taking big risks; title: A house of cards. Digging for gold. Building a case. The investment of a lifetime; title: And then the roof caved in. The wheels coming off. The call. A crisis begins. The CDO blues. Light's out; title: Epilogue.