The Resource Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again, Peter J. Wallison
Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again, Peter J. Wallison
Resource Information
The item Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again, Peter J. Wallison represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in San Francisco Public Library.This item is available to borrow from 1 library branch.
Resource Information
The item Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again, Peter J. Wallison represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in San Francisco Public Library.
This item is available to borrow from 1 library branch.
- Summary
- 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 If insufficient regulation caused the financial crisis, then the Dodd-Frank Act will never be modified or repealed; proponents will argue that doing so will cause another crisis
- Language
- eng
- Edition
- First paperback edition.
- Extent
- xviii, 411 pages
- Note
-
- With new preface
- "First American edition published in 2015 by Encounter Books"--Title-page verso
- Contents
-
- Part I. The basics. Introduction : what really caused the world's worst financial crisis and why it could happen again
- The difference between prime and nontraditional mortgages : the importance of sound underwriting standards
- The financial crisis inquiry commission report an other explanations for the crisis : why conventional explanations for the crisis are inadequate
- A short history of housing finance in the U.S. : how and why housing finance was substantially changed in 1992
- Part II. Government housing policies take effect. HUD's central role : how HUD used the Affordable-Housing goals to reduce underwriting standards
- The decline in underwriting standards : how the Affordable-Housing goals forced an increase in nontraditional mortgages
- Force fed : why the Affordable-housing goals, and not market share or profit, were the sole reason the GSEs acquired nontraditional mortgages
- Going viral : why and how reduced underwriting standards spread to the wider market
- Part III. The financial crisis and its accelerants. The great housing price bubble : how loosened underwriting standards stimulated its growth
- Flying blind into a storm : how the GSEs' failure to disclose their acquisition of nontraditional mortgages magnified the crisis
- 31 million nontraditional mortgages precipitate a crisis : why even government-backed mortgage securities were contributors
- Fair-value accounting scales up the crisis : how mark-to-market accounting made financial firms look weak or unstable
- Part IV. From bad to worse. From bad to worse : how government blunders turned a mortgage meltdown into an investor panic and financial crisis
- The false narrative and the future : why the failure to understand the causes of the crisis may lead to another
- Isbn
- 9781594038655
- Label
- Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again
- Title
- Hidden in plain sight
- Title remainder
- what really caused the world's worst financial crisis and why it could happen again
- Statement of responsibility
- Peter J. Wallison
- Subject
-
- Global Financial Crisis, 2008-2009
- Housing -- Finance | Government policy -- United States
- Financial crises -- Government policy -- United States
- Subprime mortgage loans -- Government policy -- United States
- United States -- Economic policy -- 2001-2009
- Mortgage loans -- Government policy -- United States
- Language
- eng
- Summary
- 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
- Cataloging source
- YDXCP
- http://library.link/vocab/creatorName
- Wallison, Peter J
- Illustrations
- illustrations
- Index
- index present
- Literary form
- non fiction
- Nature of contents
- bibliography
- http://library.link/vocab/subjectName
-
- Housing
- Mortgage loans
- Subprime mortgage loans
- Financial crises
- Global Financial Crisis, 2008-2009
- United States
- Label
- Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again, Peter J. Wallison
- Note
-
- With new preface
- "First American edition published in 2015 by Encounter Books"--Title-page verso
- Bar code
-
- 31223116657314
- 31223116657306
- Bibliography note
- Includes bibliographical references (pages 363-392) and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Part I. The basics. Introduction : what really caused the world's worst financial crisis and why it could happen again -- The difference between prime and nontraditional mortgages : the importance of sound underwriting standards -- The financial crisis inquiry commission report an other explanations for the crisis : why conventional explanations for the crisis are inadequate -- A short history of housing finance in the U.S. : how and why housing finance was substantially changed in 1992 -- Part II. Government housing policies take effect. HUD's central role : how HUD used the Affordable-Housing goals to reduce underwriting standards -- The decline in underwriting standards : how the Affordable-Housing goals forced an increase in nontraditional mortgages -- Force fed : why the Affordable-housing goals, and not market share or profit, were the sole reason the GSEs acquired nontraditional mortgages -- Going viral : why and how reduced underwriting standards spread to the wider market -- Part III. The financial crisis and its accelerants. The great housing price bubble : how loosened underwriting standards stimulated its growth -- Flying blind into a storm : how the GSEs' failure to disclose their acquisition of nontraditional mortgages magnified the crisis -- 31 million nontraditional mortgages precipitate a crisis : why even government-backed mortgage securities were contributors -- Fair-value accounting scales up the crisis : how mark-to-market accounting made financial firms look weak or unstable -- Part IV. From bad to worse. From bad to worse : how government blunders turned a mortgage meltdown into an investor panic and financial crisis -- The false narrative and the future : why the failure to understand the causes of the crisis may lead to another
- Dimensions
- 23 cm
- Edition
- First paperback edition.
- Extent
- xviii, 411 pages
- Isbn
- 9781594038655
- Isbn Type
- (paperback)
- Media category
- unmediated
- Media MARC source
- rdamedia
- Media type code
-
- n
- Other physical details
- illustrations
- System control number
-
- 921917735
- 921917735
- (OCoLC)921917735
- Label
- Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again, Peter J. Wallison
- Note
-
- With new preface
- "First American edition published in 2015 by Encounter Books"--Title-page verso
- Bar code
-
- 31223116657314
- 31223116657306
- Bibliography note
- Includes bibliographical references (pages 363-392) and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Part I. The basics. Introduction : what really caused the world's worst financial crisis and why it could happen again -- The difference between prime and nontraditional mortgages : the importance of sound underwriting standards -- The financial crisis inquiry commission report an other explanations for the crisis : why conventional explanations for the crisis are inadequate -- A short history of housing finance in the U.S. : how and why housing finance was substantially changed in 1992 -- Part II. Government housing policies take effect. HUD's central role : how HUD used the Affordable-Housing goals to reduce underwriting standards -- The decline in underwriting standards : how the Affordable-Housing goals forced an increase in nontraditional mortgages -- Force fed : why the Affordable-housing goals, and not market share or profit, were the sole reason the GSEs acquired nontraditional mortgages -- Going viral : why and how reduced underwriting standards spread to the wider market -- Part III. The financial crisis and its accelerants. The great housing price bubble : how loosened underwriting standards stimulated its growth -- Flying blind into a storm : how the GSEs' failure to disclose their acquisition of nontraditional mortgages magnified the crisis -- 31 million nontraditional mortgages precipitate a crisis : why even government-backed mortgage securities were contributors -- Fair-value accounting scales up the crisis : how mark-to-market accounting made financial firms look weak or unstable -- Part IV. From bad to worse. From bad to worse : how government blunders turned a mortgage meltdown into an investor panic and financial crisis -- The false narrative and the future : why the failure to understand the causes of the crisis may lead to another
- Dimensions
- 23 cm
- Edition
- First paperback edition.
- Extent
- xviii, 411 pages
- Isbn
- 9781594038655
- Isbn Type
- (paperback)
- Media category
- unmediated
- Media MARC source
- rdamedia
- Media type code
-
- n
- Other physical details
- illustrations
- System control number
-
- 921917735
- 921917735
- (OCoLC)921917735
Subject
- Global Financial Crisis, 2008-2009
- Housing -- Finance | Government policy -- United States
- Financial crises -- Government policy -- United States
- Subprime mortgage loans -- Government policy -- United States
- United States -- Economic policy -- 2001-2009
- Mortgage loans -- Government policy -- United States
Embed
Settings
Select options that apply then copy and paste the RDF/HTML data fragment to include in your application
Embed this data in a secure (HTTPS) page:
Layout options:
Include data citation:
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sfpl.org/portal/Hidden-in-plain-sight--what-really-caused-the/4M0REUx8RRE/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sfpl.org/portal/Hidden-in-plain-sight--what-really-caused-the/4M0REUx8RRE/">Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again, Peter J. Wallison</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sfpl.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sfpl.org/">San Francisco Public Library</a></span></span></span></span></div>
Note: Adjust the width and height settings defined in the RDF/HTML code fragment to best match your requirements
Preview
Cite Data - Experimental
Data Citation of the Item Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again, Peter J. Wallison
Copy and paste the following RDF/HTML data fragment to cite this resource
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sfpl.org/portal/Hidden-in-plain-sight--what-really-caused-the/4M0REUx8RRE/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sfpl.org/portal/Hidden-in-plain-sight--what-really-caused-the/4M0REUx8RRE/">Hidden in plain sight : what really caused the world's worst financial crisis and why it could happen again, Peter J. Wallison</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sfpl.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sfpl.org/">San Francisco Public Library</a></span></span></span></span></div>