Busted

Life Inside the Great Mortgage Meltdown

By Edmund L. Andrews; Dick Hill (Narrator)
(Tantor Media, Compact Disc, 9781400143320)

Publication Date: July 2009

Other Editions of This Title: Google eBook, Hardcover, Compact Disc, MP3 CD

Categories: Finance, Real Estate - Mortgages

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Description

Veteran New York Times economics reporter Edmund L. Andrews was intimately aware of the dangers posed by easy mortgages from fast-buck lenders. But, eager to buy a home and start a new life, he gave in to temptation and began a surreal adventure into the mortgage mayhem that nearly wrecked our economy. Busted weaves together the author's own ride to the edge of bankruptcy with the tragicomic stories of his lenders, the Wall Street pros behind them, and the policymakers in Washington who were oblivious until it was too late. The story takes Andrews to the offices of Alan Greenspan, the mansions of subprime-mortgage millionaires in southern California, a despondent deal makers' convention in Las Vegas, and Wall Street. Rich with on-the-ground reporting, Busted is a darkly humorous exploration of the cynicism and self-destructive judgment that led to America's biggest economic calamity in generations.




About the Author

Edmund L. Andrews has been a reporter for the New York Times for sixteen years. He lives in Silver Spring, Maryland. Reader of over four hundred audiobooks, Dick Hill has won three coveted Audie Awards and been nominated numerous times. He is also the recipient of several AudioFile Earphones Awards. AudioFile includes Dick on their prestigious list of Golden Voices.

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