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The banks did it : an anatomy of the financial crisis /

"To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages-originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Fligstein, Neil (Author)
Format: Electronic eBook
Language:Inglés
Published: Cambridge, Massachusetts : Harvard University Press, 2021.
Subjects:
Online Access:Texto completo
Table of Contents:
  • A long strange trip
  • From mortgages to mortgage securitization
  • The rise of the vertically integrated private banks, 1992-2001
  • Financial innovation and the alphabet soup of financial products
  • The subprime moment, 2001-2008
  • The crisis and its spread worldwide
  • Fraud and the financial crisis
  • Why did the federal reserve miss the crisis of 2008?
  • The banks did it (with the help of the government).