Chain of blame : how Wall Street caused the mortgage and credit crisis / Paul Muolo, Mathew Padilla.

Includes bibliographical references (pages 309-317) and index.

In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. Banks like Countrywide and non-banks such as New Century Financial--all financed by Bear Stearns, Goldman Sachs, Merrill Lynch, Lehman Brothers and others--were in danger of closing, or actually failing. On average, 50 lenders a month were going bust. Chain of Blame will chronicle the disaster, focusing on the players - the executives on Wall Street but also the lenders and brokers. It's a national story of greed and avaraice, one that hasn't come down the pike since the S & L scandal.--From publisher description.

Cover -- Copyright -- Contents -- Acknowledgments -- Introduction -- Cast of Characters -- Chapter 1: Angelo Speaks, the Worldwide Contagion Begins -- Chapter 2: The Repo Man Meets the Bald Granny -- Chapter 3: The Death of the Bailey Building and Loan, the Rise of Millionaire Loan Brokers and Countrywide -- Chapter 4: The Beach Boys of B & C -- Chapter 5: Angelo Rising -- Chapter 6: The Holy Roller of REITs -- Chapter 7: The End of the (New) Century -- Chapter 8: A Conspiracy by Merrill? -- Chapter 9: A Warning from Lewie -- Chapter 10: Deep in the Belly of the Bear -- Chapter 11: Armageddon Times -- Chapter 12: What the Hell Happened? -- Chapter 13: We Buried (Some of) Our Garbage Overseas -- Source and Interview Notes -- Glossary -- About the Authors -- Index.

Print version record.

eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - Worldwide