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In the 15 years preceding the financial crisis, United States regulators were primarily concerned with the expansion of home ownership A- particularly A"e;affordable housing.A"e; They showed zero concern with regard to the financial health of banks. In a conversational tone, Joseph N. Fried examines the factors leading to the financial crisis of 2007/8 and the mess itA's put us in today. This is an opinionated book with an attitude. However, the author, a CPA and MBA, meticulously backs up his views with references, charts, and quotes.
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