||4 of 5 people found the following review helpful.| What goes up.....|By Rick Spell|This book is of particular interest as I am a Mortgage Trader at a regional investment banking firm. My business was terrible from 20004-2007 as virtually every loan that was made was securitized. There were no portfolio lenders for me to manage their portfolios. You would think with this insight and the fact that I gave speeches from 2004 ab||"Chain of Blame is one of the first books to delve deeply into the central role that big banks played in the mess…for a juicy, name-dropping read, Muolo and Padilla’s book is hard to beat."--BusinessWeek |"Muolo and Padilla exam
An updated and revised look at the truth behind America's housing and mortgage bubbles
In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust-and the people responsible for the crisis included not just unregulated loan brokers and con artists, but also investment bankers and home loan institutions traditionally perceived as completely trustworthy.
Chain of Blame<...
[PDF.rd01] Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis Rating: 3.98 (504 Votes)
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You easily download any file type for your device.Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis | Paul Muolo, Mathew Padilla.Not only was the story interesting, engaging and relatable, it also teaches lessons.