Chain of Blame, 9780470292778
Hardcover
Wall Street’s housing bubble burst: greed, blame, and few admissions.

Chain of Blame

how wall street caused the mortgage and credit crisis

$64.37

  • Hardcover

    352 pages

  • Release Date

    17 June 2008

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Summary

Chain of Blame: Unmasking the Architects of the Mortgage Meltdown

An updated and revised look at the truth behind America’s housing and mortgage bubbles.

In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust—and the people responsible for the crisis included not just unregulated loan brokers and con artists, but also investment bankers and home loan institutions traditionally perceived …

Book Details

ISBN-13:9780470292778
ISBN-10:0470292776
Author:Paul Muolo, Mathew Padilla
Publisher:John Wiley & Sons Inc
Imprint:John Wiley & Sons Inc
Format:Hardcover
Number of Pages:352
Edition:1st
Release Date:17 June 2008
Weight:558g
Dimensions:236mm x 160mm x 29mm
What They're Saying

Critics Review

“Chain of Blame is one of the first books to delve deeply into the central role that big banks played in the mess…for a juicy, name-dropping read, Muolo and Padilla’s book is hard to beat.”–BusinessWeek

“Muolo and Padilla examine just who was to blame for the crisis and find that it is not just cowboy operators.” (CEO Middle East, September 2008)

“…a level-headed book…the anecdotal style is easy-going…much the best book on the mortgage industry”.  Fund Strategy 1 September 2008

“…a ripping piece of reporting… The authors know their stuff.”Bloomberg News Monday 28 July 2008

About The Author

Paul Muolo

Paul Muolo is Executive Editor of National Mortgage News—which won a Polk Award in 1990 for its reporting on the S&L crisis—and is also coauthor of Inside Job: The Looting of America’s Savings and Loans, which spent five weeks on the New York Times bestseller list. His freelance work has appeared in the New York Times, the Washington Post, and Barron’s. Muolo has been a guest financial expert on numerous media outlets, including CNN, CNBC, ABC, and Fox Business Network.

Mathew Padilla is a business reporter for the Orange County Register. His work, and that of two other colleagues, on the implosion of the Southern California subprime industry was selected by the paper’s editors as a submission for the Pulitzer Prize and recognized by the Society of American Business Editors and Writers.

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