what really caused the world's worst financial crisis and why it could happen again /
نام نخستين پديدآور
Peter J. Wallison
وضعیت ویراست
وضعيت ويراست
First American edition
مشخصات ظاهری
نام خاص و کميت اثر
xviii, 411 pages :
ساير جزييات
illustrations ;
ابعاد
24 cm
یادداشتهای مربوط به کتابنامه ، واژه نامه و نمایه های داخل اثر
متن يادداشت
Includes bibliographical references (pages 363-392) and index
یادداشتهای مربوط به مندرجات
متن يادداشت
Introduction -- The difference between prime and nontraditional mortgages (NTMS) -- Red herrings : other explanations for the crisis -- The housing finance market before the affordable housing goals -- Government housing policies kick in -- The affordable housing goals and the decline in underwriting standards -- Force fed : the affordable housing goals, the gses, and the NTMS -- Going viral : competition spreads the gses' reduced underwriting standards to the wider market -- The great housing bubble -- Ignorance and bliss : what was known about the NTM market before the crisis -- How 32 million NTMS precipitated a financial crisis -- Fair value accounting and collateral damage -- Bad to worse : the government response -- Conclusion
بدون عنوان
0
یادداشتهای مربوط به خلاصه یا چکیده
متن يادداشت
The 2008 financial crisis, like the Great Depression, was a world-historical event. What caused it will be debated for years, if not generations. The conventional narrative is that the financial crisis was caused by Wall Street greed and insufficient regulation of the financial system. That narrative produced the Dodd-Frank Act, the most comprehensive financial-system regulation since the New Deal. There is evidence, however, that the Dodd-Frank Act has slowed the recovery from the recession. If insufficient regulation caused the financial crisis, then the Dodd-Frank Act will never be modified or repealed; proponents will argue that doing so will cause another crisis
موضوع (اسم عام یاعبارت اسمی عام)
موضوع مستند نشده
Financial crises-- Government policy-- United States
موضوع مستند نشده
Housing-- Finance-- Government policy-- United States
موضوع مستند نشده
Mortgage loans-- Government policy-- United States
موضوع مستند نشده
Subprime mortgage loans-- Government policy-- United States
نام جغرافیایی به منزله موضوع
موضوع مستند نشده
United States, Economic policy, 2001-2009
بدون عنوان
0
رده بندی ديویی
شماره
332
.
7/20973090511
ويراست
23
رده بندی کنگره
شماره رده
HD7293
.
Z9
نشانه اثر
W35
2015
نام شخص به منزله سر شناسه - (مسئولیت معنوی درجه اول )