And Then the Roof Caved In - Faber, David
24,99 €
inkl. MwSt.

Versandfertig in über 4 Wochen
payback
12 °P sammeln
  • Gebundenes Buch

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…mehr

Andere Kunden interessierten sich auch für
Produktbeschreibung
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.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Autorenporträt
About AuthorMy name is David Faber. I worked as a builder and contractor for most of my career in two states in the US. New York and Hawaii. During my years of working, I studied a variety of subjects in depth. This included religion, history, and, my favorite, Earth Science.After retiring in Hawaii I got my dream job as an Earth Science interpretation Park Ranger at Hawaii Volcanos National Park. For 4 years I greeted, entertained, and educated visitors about Hawaii's volcanos through my favorite pastime of telling stories.I felt that my love of storytelling should be put into book form someday.The book I have written is my first one fulfilling that dream. I combined my love of history, adventure, and earth science to spin this first tale which I hope to make into a series.After leaving Hawaii I moved to the UK where I now live full-time. While here I made a point to travel to places I knew I wanted to include in my book. I have visited most of the places in the story, both here in the UK and in Hawaii because I feel it is important to give my readers as close to a real experience as I can.Writing this book, I did not want it to be a typical fantasy that takes place in made-up worlds. I wanted it to take place in real places around real events and real history. I did a lot of research to ensure that it was as close to real as possible where history is involved. My goal was to blur the lines between the real world and the one my characters live in.Even though my story is a modern weaving of the Arthurian legends, they still hold sway in our modern world of storytelling.
Rezensionen
"David Faber is known as one of the cooler heads on financial news channel CNBC... True to his reputation, calm prevails through most of the book... Faber explains rather than rants about these mortgages, as well as securitizations and bogus credit ratings, making the case that greed and stupidity caused the financial crisis..."
--Lisa Von Ahn, Reuters

a" fantastic book on the housing meltdown . . .
--The Motley Fool

"CNBC's David Faber delivers a clear-eyed look at the origins of the crisis. . . As an anchor of the Faber Report, the author was on the front lines of the financial crisis and spoke with many of its key players.
--Fortune magazine

"A slim yet substantial book based on Faber's riveting (and horrifying) CNBC special "House of Cards" that takes readers from the mosquito-ridden swimming pools of option-ARM ghost towns to a Norwegian town bankrupted by ill-advised investments in "synthetic" bonds on the mortgages left behind."
--NY Mag, Daily Intel

"...we wound up liking Faber's book. He writes simply and well. He also uses real people to demonstrate the insanity of the housing boom. While this may not be the deepest book about the crash, it could be the most accessible."
--MoneySense magazine