内容简介
AnupdatedandrevisedlookatthetruthbehindAmerica'shousingandmortgagebubblesInthesummerof2007,thesubprimeempirethatWallStreethadbuiltallcamecrashingdown.Onaverage,fiftylendersamonthweregoingbust-andthepeopleresponsibleforthecrisisincludednotjustunregulatedloanbrokersandconartists,butalsoinvestmentbankersandhomeloaninstitutionstraditionallyperceivedascompletelytrustworthy.ChainofBlamechroniclesthisincredibledisaster,withaspecificfocusontheplayerswhoparticipatedinsuchafundamentallyflawedfiasco.Init,authorsPaulMuoloandMathewPadillarevealthetruthbehindhowthiscrisisoccurred,includingwhatindividualsandinstitutionsweredoingduringthiscriticaltime,andwhoisultimatelyresponsibleforwhathappened.Discussesthelatestrevelationsinthehousingandmortgagecrisis,includingtheSEC'schargingofAngeloMoziloTwowell-regardedfinancialjournalistsfamiliarwiththeeventsthathavetakenplacechroniclethecrisisindetail,showingwhathappenedaswellaswhatliesaheadDiscusseshowtheworld'slargestinvestmentbanks,homeowners,lenders,creditratingagencies,underwriters,andinvestorsallbecameentangledinthesubprimemessIntriguingandinformative,ChainofBlameisacompellingstoryofgreedandavarice,oneinwhichmanyareresponsible,butfewarewillingtoadmittheirmistakes.
作者简介
PaulMuoloisExecutiveEditorofNationalMortgageNews—whichwonaPolkAwardin1990foritsreportingontheS&Lcrisis—andisalsocoauthorofInsideJob:TheLootingofAmerica'sSavingsandLoans,whichspentfiveweeksontheNewYorkTimesbestsellerlist.HisfreelanceworkhasappearedintheNewYorkTimes,theWashingtonPost,andBarron's.Muolohasbeenaguestfinancialexpertonnumerousmediaoutlets,includingCNN,CNBC,ABC,andFoxBusinessNetwork.MathewPadillaisabusinessreporterfortheOrangeCountyRegister.Hiswork,andthatoftwoothercolleagues,ontheimplosionoftheSouthernCaliforniasubprimeindustrywasselectedbythepaper'seditorsasasubmissionforthePulitzerPrizeandrecognizedbytheSocietyofAmericanBusinessEditorsandWriters.