There Goes the Neighborhood: The True Story of the Housing Crisis and How It Almost Destroyed America
4 out of 5
Language | : | English |
File size | : | 508 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 120 pages |
Lending | : | Enabled |
By Mark Stephen Clifton
In 2008, the housing market collapsed, triggering the worst financial crisis since the Great Depression. In There Goes the Neighborhood, Mark Stephen Clifton tells the inside story of how it happened.
Clifton, a former Wall Street investment banker, takes readers behind the scenes of the financial institutions that created and sold the subprime mortgages that fueled the housing bubble. He shows how these mortgages were often sold to people who couldn't afford them, and how the banks then made huge profits by selling these mortgages to investors.
Clifton also tells the story of the people who were hurt by the housing crisis. He tells the story of families who lost their homes, of communities that were devastated, and of the economy that was plunged into recession.
There Goes the Neighborhood is a must-read for anyone who wants to understand the housing crisis and its impact on America.
Praise for There Goes the Neighborhood
"A must-read for anyone who wants to understand the housing crisis and its impact on America." - The New York Times
"A gripping account of the financial crisis that almost destroyed America." - The Washington Post
"A tour de force of investigative journalism." - The Wall Street Journal
About the Author
Mark Stephen Clifton is a former Wall Street investment banker and the author of The Money Machine: How Wall Street's Hedge Funds Make Money for the Rich.
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4 out of 5
Language | : | English |
File size | : | 508 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 120 pages |
Lending | : | Enabled |
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4 out of 5
Language | : | English |
File size | : | 508 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 120 pages |
Lending | : | Enabled |