Published Nov. 13, 2010 by Portfolio Penguin.
According to the authors, both business journalists, no one has put all the pieces of the financial crisis together. This title explores the motivations of everyone from CEOs and politicians to anonymous lenders, borrowers and Wall Street traders. It goes back more than twenty years to reveal, how Wall Street, the mortgage industry, and the government conspired to change the way Americans bought their homes, creating a perfect storm. The authors take us inside elusive institutions such as Goldman Sachs, AIG, and Fannie Mae, to reveal who changed the game and why.
All I can saw is, OMG! What an amazing read. When they say all. The devils are here. They mean it. He author s do an amazing job of taking you through the history of the US mortgage markets. And explain the many pieces and actions that together make up the largest failure of the American financial markets.
