04350cam a22004694a 4500 117059 117059 16541466 BJBSDDR 20230411090823.0 a|||||r|||| 00| 0 ta 101117s2012 nyua 001 0 eng 2010047594 9781250008794 1250008794 DLC DLC DLC eng eng pcc n-us--- HG 2040.5 M851r 2012 332.7/20973 Morgenson, Gretchen, 24947 1956- Reckles$ endangerment : how outsized ambition, greed, and corruption led to economic armageddon / Gretchen Morgenson and Joshua Rosner. Reckless endangerment 1st ed. New York : St. Martin's Griffin, 2012. xv, 343 pages : illustrations ; 25 cm. Includes index. "TheNew York Times's Pulitzer Prize-winning columnist reveals how the financial meltdown emerged from the toxic interplay of Washington, Wall Street, and corrupt mortgage lenders. In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times, exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy. Drawing on previously untapped sources and building on original research from coauthor Joshua Rosner--who himself raised early warnings with the public and investors, and kept detailed records--Morgenson connects the dots that led to this fiasco. Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, the FDIC, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster. Character-rich and definitive in its analysis, this is the one account of the financial crisis you must read"-- Provided by publisher. "In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times, exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy. Drawing on previously untapped sources and building on original research from coauthor Joshua Rosner--who himself raised early warnings with the public and investors, and kept detailed records--Morgenson connects the dots that led to this fiasco. Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, the FDIC, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster. Character-rich and definitive in its analysis, this is the one account of the financial crisis you must read"-- Provided by publisher. Federal National Mortgage Association (FNMA) History 21st century. 26823 Asociación Federal Nacional Hipotecaria Historia Siglo XXI 26822 Subprime mortgage loans United States History 21st century. Financial crises United States History 21st century. Global Financial Crisis, 2008-2009. Préstamos hipotecarios subprime 11444 Estados Unidos Historia Siglo XXI Crisis financiera 88 Estados Unidos Historia Crisis financiera global, 2008-2009 408 Rosner, Joshua. 24948 7 cbc orignew 1 ecip 20 y-gencatlg lcc BK 0 0 lcc 0 0 CS BJB BJB CS 2022-09-20 0 HG 2040.5 M851r 2012 00000165232 2022-09-20 00:00:00 1 2022-09-20 BK