The Housing Boom and Bust

The Housing Boom and Bust

Downloadable Audiobook - 2009
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This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages, and the even more "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up and then suddenly collapsed. The politics behind all this is another story of strange twists. No punches are pulled when discussing the politicians of either party, the financial dangers they created, or the distractions they created later to escape their own responsibility for what happened.
Publisher: [Ashland] : Blackstone Audio, Inc., 2009
ISBN: 9781433294105
Additional Contributors: Dean, Robertson
Call Number: eAudio

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Feb 23, 2011

The author gives a good overview of the housing crisis. He places the complete blame on politicians for the mess.


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