Skip to content

Subprime Virus Reckless Credit, Regulatory Failure, and Next Steps

Spend $50 to get a free DVD!

ISBN-10: 0195388828

ISBN-13: 9780195388824

Edition: 2010

Authors: Kathleen C. Engel, Patricia A. McCoy

List price: $40.95
Shipping box This item qualifies for FREE shipping.
Blue ribbon 30 day, 100% satisfaction guarantee!
what's this?
Rush Rewards U
Members Receive:
Carrot Coin icon
XP icon
You have reached 400 XP and carrot coins. That is the daily max!

Description:

In this lively new book, Kathleen C. Engel and Patricia A. McCoy tell the full story behind the subprime crisis. The authors, experts in the law and economics of financial regulation and consumer lending, offer a sharply reasoned, but accessible account of the actions that produced thegreatest economic collapse since the Great Depression. The Subprime Virus reveals how consumer abuses in a once obscure corner of the home mortgage market led to the near meltdown of the world's financial system. Wall Street peddled subprime loans to investors through complex but dodgy financialinstruments that spread like a virus. A central theme in the book is the role of federal banking and securities…    
Customers also bought

Book details

List price: $40.95
Copyright year: 2010
Publisher: Oxford University Press, Incorporated
Publication date: 1/26/2011
Binding: Hardcover
Pages: 416
Size: 6.00" wide x 9.00" long x 1.25" tall
Weight: 1.386
Language: English

Acknowledgments
Prologue
The Subprime market Takes Off
The Emergence of the Subprime Market
A Rolling Loan Gathers No Loss
Contagion
Prelude to the Storm
Meltdown
Aftermath
Regulatory Failure
The Clinton Years
OTS and OCC Power Grab
Put to the Test: OCC, OTS, and FDIC Oversight
Blind Spot: Greenspan's Federal Reserve
Wall Street Skirts Regulation
Solutions
Consumer Protection
Containing Contagion
Epilogue
Notes
Bibliography
Index