The End of Wall StreeteBook - 2010
The story of the Wall Street collapse OCo from the roots of the mortgage bubble to the US governmentOCOs unprecedented response OCo as told by AmericaOCOs most trusted business journalist. The End of Wall Street is a blow-by-blow account of AmericaOCOs biggest financial collapse since the Great Depression. With grace, wit, and razor-sharp understanding, Roger Lowenstein tells the full story of the end of Wall Street as we knew it. Drawing on 180 interviews, including sit-downs with top government officials and Wall Street CEOs, Lowenstein weaves a financial, economic, and sociological thriller that indicts America for succumbing to the siren song of easy debt and speculative mortgages. He etches laser-like profiles of all the key players, provides a damning explication of how rating agencies helped giftwrap faulty loans in the guise of triple-A paper, and dismantles the academic formulas that OCo once again OCo proved the ruin of investors and banks. The End of Wall Street is rife with historical lessons and bursting with fast-paced action. Displaying LowensteinOCOs unmatched ability to make complicated financial stories resonate with the ordinary reader, it is essential reading as we work to identify the lessons of the market failure and start to rebuild.
Publisher: New York : Penguin Press, 2010.
Characteristics: 1 online resource