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Confessions of a subprime lender : an insider's tale of greed, fraud, and ignorance / Richard Bitner.

By: Material type: TextTextLanguage: English Publication details: Hoboken, N.J. : John Wiley & Sons, c2008.Description: xiv, 186 pages : illustration ; 23 cmISBN:
  • 9780470402191 (pbk.)
  • 0470402199 (pbk.)
Subject(s): DDC classification:
  • 332.7/220973 22
LOC classification:
  • HG 2040  B624c 2008
Online resources:
Contents:
Why I bailed out of the subprime industry -- The gunslinging business of subprime lending -- The underbelly: mortgage brokers -- Making chicken salad out of chicken shit: the art of creative financing -- Wall Street and the rating agencies: greed at its worst -- Secondary contributors: the Fed, consumers, retail lenders, homebuilders, and realtors -- How to fix a broken industry.
Summary: Confessions of a Subprime Lender pulls back the curtain on the players who created the subprime disaster, including brokers, lenders, Wall Street investment firms, and rating agencies who worked the system to their advantage. Interwoven with dramatic personal anecdotes, Confessions of a Subprime Lender explains how the subprime industry blew up and concludes with a comprehensive solution for rebuilding it by forcing changes on all the key players.
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Holdings
Item type Current library Home library Collection Shelving location Call number Copy number Status Barcode
Libro Libro Biblioteca Juan Bosch Biblioteca Juan Bosch Ciencias Sociales Ciencias Sociales (3er. Piso) HG 2040 B624c 2008 (Browse shelf(Opens below)) 1 Available 00000122432

Includes bibliographical references (pages 185-186).

Why I bailed out of the subprime industry -- The gunslinging business of subprime lending -- The underbelly: mortgage brokers -- Making chicken salad out of chicken shit: the art of creative financing -- Wall Street and the rating agencies: greed at its worst -- Secondary contributors: the Fed, consumers, retail lenders, homebuilders, and realtors -- How to fix a broken industry.

Confessions of a Subprime Lender pulls back the curtain on the players who created the subprime disaster, including brokers, lenders, Wall Street investment firms, and rating agencies who worked the system to their advantage. Interwoven with dramatic personal anecdotes, Confessions of a Subprime Lender explains how the subprime industry blew up and concludes with a comprehensive solution for rebuilding it by forcing changes on all the key players.

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