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The foreclosure of America : the inside story of the rise and fall of Countrywide Home Loans, the mortgage crisis, and the default of the American dream
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The foreclosure of America : the inside story of the rise and fall of Countrywide Home Loans, the mortgage crisis, and the default of the American dream

Author: Adam Michaelson
Publisher: New York : Berkley Books, ©2009.
Edition/Format: Book : English : 1st ed
Summary:
"When business school classes study this collapse in hindsight many years from now..., they will certainly pore through reams of rich data, charts, and graphs, and seek out various flaws in the present-day business models, looking for what went wrong, and what was the tipping point. But no data, no textbook, no chart can ever illustrate the human aspects of what causes bubbles, and provide the first-hand account of  Read more...
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Details

Title: The foreclosure of America : the inside story of the rise and fall of Countrywide Home Loans, the mortgage crisis, and the default of the American dream /
Database Name: WorldCat
All Authors / Contributors: Adam Michaelson
ISBN: 9780425227411; 0425227413
Notes: Includes index.
Description: xiv, 354 p. ; 24 cm.
Responsibility: Adam Michaelson.
Year: c2009.
Publisher: New York : Berkley Books,
Standard Numbers: LCCN: 2009368588
Class Descriptors: LC Class No.: HG5095; Dewey No.: 332.3
More information: Contributor biographical information | Publisher description
OCLC No.: 233549376

Abstract:

"When business school classes study this collapse in hindsight many years from now..., they will certainly pore through reams of rich data, charts, and graphs, and seek out various flaws in the present-day business models, looking for what went wrong, and what was the tipping point. But no data, no textbook, no chart can ever illustrate the human aspects of what causes bubbles, and provide the first-hand account of the thinking--the flavor of those moments--from within those conference rooms at that point in history. The excitement, the group-think, the momentum and fear that squelch resistance, the systemic power of the mighty current pushing the fish along, this is the inside story of the feelings within the walls of Countrywide during that time, which textbooks will never be able to recreate..."--Dust jacket.
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