1.

Record Nr.

UNINA9910456959603321

Autore

England Robert Stowe

Titolo

Black box casino [[electronic resource] ] : how Wall Street's risky shadow banking crashed global finance / / Robert Stowe England

Pubbl/distr/stampa

Santa Barbara, Calif., : Praeger, c2011

ISBN

1-283-25559-6

9786613255594

0-313-39290-0

Descrizione fisica

1 online resource (262 p.)

Disciplina

332.042

Soggetti

Financial crises - United States

Global Financial Crisis, 2008-2009

Investment banking - United States

Mortgage-backed securities - United States

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Contents; Acknowledgments; 1 The Mortgage Meltdown; 2 The Panic of 2007; 3 Seeds of the Disaster; 4 The Race to the Bottom; 5 The Rise of Private Label; 6 Wall Street's Subprime CDO Mania; 7 Fast Money and High Stakes; 8 American International Group; 9 Bear Stearns; 10 Fannie and Freddie; 11 Lehman Brothers; 12 The Panic of 2008; Glossary; Notes; Index

Sommario/riassunto

This cautionary tale explains how the murky and complex world of mortgage finance caused a global market meltdown-and offers new insights on how to create a stronger world of banking and mortgage finance.