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The subprime virus : reckless credit, regulatory failure, and next steps

Author: Kathleen C Engel; Patricia A McCoy
Publisher: New York : Oxford University Press, 2011.
Edition/Format:   eBook : Document : EnglishView all editions and formats
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  Read more...
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Genre/Form: Ressources Internet
Additional Physical Format: Version imprimée :
Engel, Kathleen C.
Subprime virus.
New York : Oxford University Press, 2010
(DLC) 2010003614
(OCoLC)519827616
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Kathleen C Engel; Patricia A McCoy
ISBN: 9780199781416 0199781419
OCLC Number: 987323932
Description: 1 ressource en ligne (xi, 355 pages)
Contents: Acknowledgments; 1 Prologue; Part I: The Subprime Market Takes Off; Part II: Contagion; Part III: Regulatory Failure; Part IV: Solutions; Notes; Bibliography; Index.
Responsibility: by Kathleen C. Engel and Patricia A. McCoy.

Abstract:

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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