And Then the Roof Caved In | Zookal Textbooks | Zookal Textbooks
  • Author(s) David Faber
  • SubtitleHow Wall Street's Greed and Stupidity Brought Capitalism to Its Knees
  • Edition1
  • Published18th August 2010
  • PublisherJohn Wiley & Sons Inc (US)
  • ISBN9780470607381

How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees

CNBC's David Faber takes an in-depth look at the causes and
consequences of the recent financial collapse

And Then the Roof Caved In lays bare the truth of the
credit crisis, whose defining emotion at every turn has been greed,
and whose defining failure is the complicity of the U.S. government
in letting that greed rule the day. Written by CNBC's David Faber,
this book painstakingly details the truth of what really happened
with compelling characters who offer their first-hand accounts of
what they did and why they did it.


Page by page, Faber explains the events of the previous seven
years that planted the seeds for the worst economic crisis since
the Great Depression. He begins in 2001, when the Federal Reserve
embarked on an unprecedented effort to help the economy recover
from the attacks of 9/11 by sending interest rates to all time
lows. Faber also gives you an up-close look at where the crisis was
incubated and unleashed upon the world-Wall Street-and introduces
you to insiders from investment banks and mortgage lenders to
ratings agencies, that unwittingly conspired to insure lending
standards were abandoned in the head long rush for profits.



  • Based on two years of research, this book provides deep
    background into the current credit crisis

  • Offers the insights of experienced professionals-from Alan
    Greenspan to prominent bankers and regulators-who were on the front
    lines

  • Created by David Faber, the face of morning business news on
    CNBC, and host of the network's award winning documentaries


From regulators who tried to stop this problem before it swung
out of control to hedge fund managers who correctly foresaw the
coming housing crash and profited from it, And Then the Roof
Caved In
shows you how the crisis we currently face came to
be.

And Then the Roof Caved In

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  • Author(s) David Faber
  • SubtitleHow Wall Street's Greed and Stupidity Brought Capitalism to Its Knees
  • Edition1
  • Published18th August 2010
  • PublisherJohn Wiley & Sons Inc (US)
  • ISBN9780470607381

How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees

CNBC's David Faber takes an in-depth look at the causes and
consequences of the recent financial collapse

And Then the Roof Caved In lays bare the truth of the
credit crisis, whose defining emotion at every turn has been greed,
and whose defining failure is the complicity of the U.S. government
in letting that greed rule the day. Written by CNBC's David Faber,
this book painstakingly details the truth of what really happened
with compelling characters who offer their first-hand accounts of
what they did and why they did it.


Page by page, Faber explains the events of the previous seven
years that planted the seeds for the worst economic crisis since
the Great Depression. He begins in 2001, when the Federal Reserve
embarked on an unprecedented effort to help the economy recover
from the attacks of 9/11 by sending interest rates to all time
lows. Faber also gives you an up-close look at where the crisis was
incubated and unleashed upon the world-Wall Street-and introduces
you to insiders from investment banks and mortgage lenders to
ratings agencies, that unwittingly conspired to insure lending
standards were abandoned in the head long rush for profits.



  • Based on two years of research, this book provides deep
    background into the current credit crisis

  • Offers the insights of experienced professionals-from Alan
    Greenspan to prominent bankers and regulators-who were on the front
    lines

  • Created by David Faber, the face of morning business news on
    CNBC, and host of the network's award winning documentaries


From regulators who tried to stop this problem before it swung
out of control to hedge fund managers who correctly foresaw the
coming housing crash and profited from it, And Then the Roof
Caved In
shows you how the crisis we currently face came to
be.

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