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Author: Michael W. Hudson
Publisher: Macmillan
ISBN: 1429940042
Category : Business & Economics
Languages : en
Pages : 397
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Book Description
Who killed the economy? A page-turning, true-crime exposé of the subprime salesmen and Wall Street alchemists who produced the biggest financial scandal in American history "It's hard to have a guilty conscience if you don't have a conscience. Anything that benefited production - that benefited me and benefited my wallet - I'd do it." The sales force at Ameriquest Mortgage took this philosophy to heart. They watched the Hollywood white-collar-crime flick "Boiler Room" as a training tape, studying how to pitch overpriced deals to unsuspecting home owners. They learned how to forge signatures on mortgage paperwork and create fake documents in "cut-and-paste" operations they dubbed "The Lab" or "The Art Department." In this stunning narrative, award-winning reporter Michael W. Hudson reveals the story of the rise and fall of the subprime mortgage business by chronicling the rise and fall of two corporate empires: Ameriquest and Lehman Brothers. As the biggest subprime lender and Wall Street's biggest patron of subprime, Ameriquest and Lehman did more than any other institutions to create the feeding frenzy that emboldened mortgage pros to flood the nation with high-risk, high-profit home loans. It's a tale populated by a remarkable cast of the characters: a shadowy billionaire who created the subprime industry out of the ashes of the 1980s S&L scandal; Wall Street executives with an insatiable desire for product; struggling home owners ensnared in the most ingenious of traps; lawyers and investigators who tried to expose the fraud; politicians and bureaucrats who turned a blind eye; and, most of all, the drug-snorting, high-living salesmen who tell all about the money they made, the lies they told, the deals they closed. Provocative and gripping, The Monster is a searing exposé of the bottom-feeding fraud and top-down greed that fueled the financial collapse.
Author: Michael W. Hudson
Publisher: Macmillan
ISBN: 1429940042
Category : Business & Economics
Languages : en
Pages : 397
Get Book Here
Book Description
Who killed the economy? A page-turning, true-crime exposé of the subprime salesmen and Wall Street alchemists who produced the biggest financial scandal in American history "It's hard to have a guilty conscience if you don't have a conscience. Anything that benefited production - that benefited me and benefited my wallet - I'd do it." The sales force at Ameriquest Mortgage took this philosophy to heart. They watched the Hollywood white-collar-crime flick "Boiler Room" as a training tape, studying how to pitch overpriced deals to unsuspecting home owners. They learned how to forge signatures on mortgage paperwork and create fake documents in "cut-and-paste" operations they dubbed "The Lab" or "The Art Department." In this stunning narrative, award-winning reporter Michael W. Hudson reveals the story of the rise and fall of the subprime mortgage business by chronicling the rise and fall of two corporate empires: Ameriquest and Lehman Brothers. As the biggest subprime lender and Wall Street's biggest patron of subprime, Ameriquest and Lehman did more than any other institutions to create the feeding frenzy that emboldened mortgage pros to flood the nation with high-risk, high-profit home loans. It's a tale populated by a remarkable cast of the characters: a shadowy billionaire who created the subprime industry out of the ashes of the 1980s S&L scandal; Wall Street executives with an insatiable desire for product; struggling home owners ensnared in the most ingenious of traps; lawyers and investigators who tried to expose the fraud; politicians and bureaucrats who turned a blind eye; and, most of all, the drug-snorting, high-living salesmen who tell all about the money they made, the lies they told, the deals they closed. Provocative and gripping, The Monster is a searing exposé of the bottom-feeding fraud and top-down greed that fueled the financial collapse.
Author: United States. Supreme Court
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 982
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Book Description
Author: Anita Hill
Publisher: Beacon Press
ISBN: 0807014389
Category : Social Science
Languages : en
Pages : 225
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Book Description
A searing portrait “of the ways in which black men and women have struggled to surmount injustice to own homes”—from the heroic lawyer who spoke out against Clarence Thomas (The New York Times Book Review) In this “highly readable and deeply analytical” work, attorney Anita Hill examines the relationship between home ownership and the American Dream through the lens of race and gender (Library Journal). Through the stories of remarkable African American women—including her own great-great-grandmother, playwright Lorraine Hansberry, and Baltimore beauty-shop owner and housing-crisis survivor Anjanette Booker—she demonstrates that the inclusive democracy our Constitution promises must be conceived with home in mind. From slavery to the Great Migration to the subprime mortgage meltdown, Reimagining Equality takes us on a journey that sparks a new conversation about what it means to be at home in America and presents concrete proposals that encourage us to reimagine equality.
Author:
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 820
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Book Description
Author:
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1126
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Book Description
Author: Roger Brooke Taney
Publisher: Legare Street Press
ISBN: 9781017251265
Category : History
Languages : en
Pages : 0
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Book Description
The Washington University Libraries presents an online exhibit of documents regarding the Dred Scott case. American slave Dred Scott (1795?-1858) and his wife Harriet filed suit for their freedom in the Saint Louis Circuit Court in 1846. The U.S. Supreme Court decided in 1857 that the Scotts must remain slaves.
Author: John Massaro
Publisher: AuthorHouse
ISBN: 1434372030
Category :
Languages : en
Pages : 706
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Book Description
Second Amendment commentary and case law are incorrect. But unfortunately, they are relied upon by today's scholars and jurists. However, this book, written in "plain English" instead of the legalese that many people find unappealing about books pertaining to legal subjects, takes the bold step of disproving these incorrect authorities on the most controversial and puzzling provision of the United States Constitution, and it meets that challenge. While other books on the Second Amendment rely largely on incorrect commentary and case law, this book uses credible and irrefutable documentary evidence to uncover the substance of the Second Amendment. By proving that Second Amendment commentary and case law are incorrect, this book will become both the preeminent treatise on the Second Amendment and a landmark book in the field of Constitutional law. And while gun control has been a highly controversial issue for a long time, the debate on gun control has been improperly bifurcated into what is good public policy and what is Constitutional. This book eliminates the Constitutional component of that debate so that it can be focused solely on what is good public policy. Other books written on the Second Amendment propose incorrect theories or attempt to reconcile its two supposed "clauses." However, this book is the best book ever written on the Second Amendment because it does what no other book has ever done. It uncovers, by means of documentary evidence instead of mere argument, the true meanings of the terms "A well regulated Militia," "the people," "keep," and "bear Arms." This book is current right up to the 2008 Supreme Court case of District of Columbia v. Heller, and the informationcontained in this book forms the foundation of what a correct determination of that case would be.
Author:
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 1264
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Book Description
Author: Illinois. Supreme Court
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 730
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Book Description
Author:
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1852
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Book Description
