Download And Then the Roof Caved In: How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees AudioBook Free
CNBC's David Faber will take an detailed look at the causes and implications of the recent financial collapse And Then the Roof Caved In lays bare the reality of the credit crisis, whose defining emotion at every switch has been greed, and whose defining failure is the complicity of the U.S. administration in permitting that greed rule the day. Written by CNBC's David Faber, this publication painstakingly details the reality of what really happened with compelling people who offer their first-hand accounts of what they performed and why they achieved it. Page by site, Faber explains the happenings of the previous seven years that planted the seeds for the worst economic crisis because the Great Melancholy. He commences in 2001, when the Federal Reserve embarked on an unprecedented work to help the market recover from the episodes of 9/11 by mailing interest rates to all time lows. Faber also offers you an up-close check out where the crisis was incubated and unleashed upon the world-Wall Street-and presents you to definitely insiders from investment bankers and mortgage lenders to ratings businesses, that unwittingly conspired to make sure lending specifications were empty in the top long dash for profits.
- Founded on two years of research, this publication provides deep record into the current credit crisis
- Offers the insights of experienced professionals-from Alan Greenspan to prominent bankers and regulators-who were on the front lines
- Created by David Faber, the facial skin of morning business reports on CNBC, and host of the network's award being successful documentaries
