1.

Record Nr.

UNINA9910459593603321

Autore

Acharya Viral V.

Titolo

Guaranteed to fail [[electronic resource] ] : Fannie Mae, Freddie Mac, and the debacle of mortgage finance / / Viral V. Acharya ... [et al.]

Pubbl/distr/stampa

Princeton, : Princeton University Press, c2011

ISBN

1-283-01208-1

9786613012081

1-4008-3809-6

Edizione

[Course Book]

Descrizione fisica

1 online resource (233 p.)

Altri autori (Persone)

AcharyaViral V

Disciplina

332.7/20973

Soggetti

Business failures - United States - History - 21st century

Financial crises - United States - History - 21st century

Housing - United States - Finance

Mortgage loans - Government policy - 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

Frontmatter -- Contents -- Acknowledgments -- Prologue -- ONE. Feeding the Beast -- TWO. Ticking Time Bomb -- THREE. Race to the Bottom -- FOUR. Too Big to Fail -- FIVE. End of Days -- SIX. In Bed with the Fed -- SEVEN. How Others Do It -- EIGHT. How to Reform a Broken System -- NINE. Chasing the Dragon -- Epilogue -- Appendix: Timeline of U.S. Housing Finance Milestones -- Notes -- Glossary -- Index

Sommario/riassunto

The financial collapse of Fannie Mae and Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American taxpayers close to