Shares insights into the recent economic crisis, citing such factors as expanded home ownership and risky derivative elections in the face of increasing shareholder demands, and profiles responsible parties in government, financial, and private sectors.

Draws on hundreds of hours of interviews and in-depth research to relate the complete story of the nation's financial meltdown, from the trading floors of lower Manhattan to the power corridors inside the Beltway.

This surprising narrative goes back more than twenty years to reveal, in rich, anecdotal detail, 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.

A first-person account of the white-knuckle weekend that brought the financial world to its knees and changed Wall Street forever, from America's most famous business reporter.

During a single historic weekend (September 12-14, 2008) the fate of Lehman Brothers was sealed, Merrill Lynch barely survived, AIG became a ward of the federal government, and the roots of our seemingly strong economy teetered on the edge of collapse. As bankers

...

From the former Treasury Secretary, the definitive account of the unprecedented effort to save the U.S. economy from collapse in the wake of the worst global financial crisis since the Great Depression.

A vividly told history of how greed bred America’s economic ills over the last forty years, and of the men most responsible for them.
As Jeff Madrick makes clear in a narrative at once sweeping, fast-paced, and incisive, the single-minded pursuit of huge personal wealth has been on the rise in the United States since the 1970s, led by a few individuals who have argued that self-interest guides society more effectively than community concerns....

Based upon his professional experience as a banking analyst, the author presents his insights and perspective on the U.S. banking industry throughout the recent global financial crisis.

"From the author of the bestseller The Rise of the Creative Class, a book that frames the economic meltdown of 2008-09 not as a crisis but as an opportunity to "reset, " and, in doing so, paints a fascinating picture of what our economy, society, and geography will look like--of how we will work and live--in the future"--Provided by publisher.

Traces the worldwide economic collapse to a 1971 secret memo entitled "Attack on American Free Enterprise System". Written over 40 years ago by the future Supreme Court Justice Lewis Powell, at the behest of the US Chamber of Commerce, the 6-page memo, a free-market utopian treatise, called for a money fueled big business makeover of government through corporate control of media, academia, pulpit, arts and sciences and destruction of organized labor...