The Subprime Virus: Reckless Credit, Regulatory Failure, and Next Steps
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The Subprime Virus: Reckless Credit, Regulatory Failure, and Next Steps
The Subprime Virus is a must-read for anyone seeking to understand the root causes of the 2008 financial crisis.
Written by two experts in law and economics, this book provides a comprehensive and accessible account of how consumer abuses in the home mortgage market led to the near meltdown of the world's financial system.
The authors delve into the roles of federal regulators who knew of lenders' hazardous mortgages but did nothing until the crisis erupted, and analyze the financial reform legislation of 2010.
With vivid examples and clear prose, Engel and McCoy offer an informed portrait of the political and financial failures that led to the crisis, while also providing lessons for building a new, more stable, prosperous, and just financial order.
Don't miss out on this valuable resource - read The Subprime Virus today!
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