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Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked B

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Located in: Fairfield, Ohio, United States
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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
ISBN-13
9780062869531
Type
NA
Publication Name
NA
ISBN
9780062869531
Book Title
Homewreckers : How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks and Vulture Capitalists Suckered Millions Out of Their Homes
Item Length
9.3 in
Publisher
HarperCollins
Publication Year
2019
Format
Hardcover
Language
English
Illustrator
Yes
Item Height
1.4 in
Author
Aaron Glantz
Genre
Business & Economics, Political Science
Topic
Banks & Banking, Business Ethics, Corruption & Misconduct, Real Estate / General, Real Estate / Mortgages, Public Policy / City Planning & Urban Development
Item Width
6.3 in
Item Weight
21.9 Oz
Number of Pages
432 Pages

About this product

Product Information

"[I] can't recommend this joint enough. ... An illuminating and discomfiting read." --Ta-Nehisi Coates "Essential reading." -- New York Review of Books A shocking, heart-wrenching investigation into America's housing crisis and the modern-day robber barons who are making a fortune off the backs of the disenfranchised working and middle class--among them, Donald Trump and his inner circle. Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: "I sort of hope that happens because then people like me would go in and buy," he said. But our future president wasn't alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes--their profiteering made even easier because, as prize-winning investigative reporter Aaron Glantz reveals in Homewreckers, they often used taxpayer money--and the Obama administration's promise to cover their losses. In Homewreckers , Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage "products" that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn't be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few.

Product Identifiers

Publisher
HarperCollins
ISBN-10
0062869531
ISBN-13
9780062869531
eBay Product ID (ePID)
20038259988

Product Key Features

Book Title
Homewreckers : How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks and Vulture Capitalists Suckered Millions Out of Their Homes
Author
Aaron Glantz
Format
Hardcover
Language
English
Topic
Banks & Banking, Business Ethics, Corruption & Misconduct, Real Estate / General, Real Estate / Mortgages, Public Policy / City Planning & Urban Development
Publication Year
2019
Illustrator
Yes
Genre
Business & Economics, Political Science
Number of Pages
432 Pages

Dimensions

Item Length
9.3 in
Item Height
1.4 in
Item Width
6.3 in
Item Weight
21.9 Oz

Additional Product Features

Intended Audience
Trade
Lc Classification Number
Hg5095.G44 2019
Reviews
In case there was ever any doubt that the world of high finance affects American households, Aaron Glantz lays it to rest in this gripping narrative of how the foreclosure machine became a grand mechanism to convert America's historic wealth building asset--its homes--into a commodity for financiers., An eye-opening account of how a cast of characters from Wall Street to Hollywood enriched themselves at the expense of American families. Glantz weaves together personal stories, historical context, and sharp and insightful analysis of how financiers created predatory products that wreaked devastation on the US economy and... countless families., In this remarkable book, Aaron Glantz provides a well-researched, highly readable look at one of the nation's most underreported stories...a must-read for anyone who wants to understand the Great Recession and the role of the voracious financial interests who would go on to put Donald Trump in the White House., Glantz, through exemplary journalism, reveals the new corporate landlords' relationship to Donald Trump and their exploitation of loopholes in public policy, in combination with the endless resources of greedy bankers, to transform the 2008 foreclosure crisis into predatory renting schemes and cash in on widespread housing insecurity., This is a story that needs to be told, and Glantz tells it beautifully. Homewreckers reads like a novel, but it carries an important message: We must never let this happen again., With prose that is as plainspoken as it is propulsive, Glantz explains how homeownership propelled the American Dream until 1986 only to fall, one financial scheme at a time, at the hands of billionaire money-grabbers and the failing regulators and gutless politicians who enable them., A tale of greed and corruption...A solid, useful exploration of a system that 'needs substantial, systemic change.', Can't recommend this joint enough. It is extremely hard to translate what is happening in our society right now. ... Aaron Glantz does a great job moving through the jungle of jargon. But most importantly he implicitly raises a question that has been quietly dogging me for years: What does it mean to tell your children that their success is ultimately a matter of discipline, education, hard work, and citizenship, and then see that those factors have almost no power to explain the (financial) success of the Titans of America. ... An illuminating and discomfiting read., [A] cogent, infuriating exposé... lucid prose and impressive research make this an essential account of an under-the-radar housing crisis.
Copyright Date
2019
Lccn
2019-030888
Dewey Decimal
332.7/220973
Dewey Edition
23

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