The subprime virus : reckless credit, regulatory failure, and next steps /
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 the greatest econ...
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| Format: | eBook |
| Language: | English |
| Published: |
New York :
Oxford University Press,
2011.
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| Online Access: | Connect to the full text of this electronic book |
| Summary: | 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 the greatest 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 financial instruments that. |
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| Physical Description: | 1 online resource (xi, 355 pages) |
| Bibliography: | Includes bibliographical references (pages 295-341) and index. |
| ISBN: | 9780199781416 0199781419 9786612945090 6612945095 |