Coverart for item
The Resource Shaky Ground : The Strange Saga of the U.S. Mortgage Giants, Bethany McLean

Shaky Ground : The Strange Saga of the U.S. Mortgage Giants, Bethany McLean

Label
Shaky Ground : The Strange Saga of the U.S. Mortgage Giants
Title
Shaky Ground
Title remainder
The Strange Saga of the U.S. Mortgage Giants
Statement of responsibility
Bethany McLean
Creator
Author
Subject
Language
eng
Summary
"Fannie Mae and Freddie Mac were created by Congress to serve the American Dream of homeownership. By the end of the century, they had become extremely profitable and powerful companies, instrumental in putting millions of Americans in their homes. So why does the government now want them dead? In 2008, the U.S. Treasury put Fannie and Freddie into a life-support state known as 'conservatorship' to prevent their failure--and worldwide economic chaos. The two companies, which were always controversial, have become a battleground. Today, Fannie and Freddie are profitable again but still in conservatorship. Their profits are being redirected toward reducing the federal deficit, which leaves them with no buffer should they suffer losses again. China and Japan are big owners of Fannie and Freddie securities, and they want to ensure the safety of their investments--which helps explain why the government is at an impasse about what to do. But the current state of limbo is unsustainable. Based on comprehensive reporting and dozens of interviews, Shaky Ground chronicles the story of Fannie and Freddie seven years after the meltdown, and tells us why homeownership finance is now one of the biggest unsolved issues in today's global economy"--Page 4 of cover
Cataloging source
BTCTA
http://library.link/vocab/creatorName
McLean, Bethany
Dewey number
332.720973
Illustrations
maps
Index
no index present
LC call number
HG2040.5.U5
LC item number
M425 2015
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Federal National Mortgage Association
  • Freddie Mac (Firm)
  • Mortgage loans
  • Subprime mortgage loans
  • Subprime mortgage loans
  • Mortgage banks
  • Housing
Label
Shaky Ground : The Strange Saga of the U.S. Mortgage Giants, Bethany McLean
Instantiates
Publication
Bar code
  • 31223116596090
  • 31223116596082
Bibliography note
Includes bibliographical references (pages 150-151)
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 1: Downfall. Subprime ; The Bazooka ; The Blame Game -- Part 2: Origins. Housing Industrial Complex ; The Roaring Nineties ; "We Were at War" ; The $9 Billion Accounting Fraud -- Part 3: Limbo. The Toxic Twins ; Doing Nothing ; Mr. Hedge Fund Goes to Washington ; Defending the Common Man ; No End in Sight ; Fixing the Roof ; Shaky Ground
Dimensions
20 cm
Extent
159 pages
Isbn
9780990976301
Lccn
2015940135
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
map
System control number
  • 898533197
  • (OCoLC)898533197
Label
Shaky Ground : The Strange Saga of the U.S. Mortgage Giants, Bethany McLean
Publication
Bar code
  • 31223116596090
  • 31223116596082
Bibliography note
Includes bibliographical references (pages 150-151)
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 1: Downfall. Subprime ; The Bazooka ; The Blame Game -- Part 2: Origins. Housing Industrial Complex ; The Roaring Nineties ; "We Were at War" ; The $9 Billion Accounting Fraud -- Part 3: Limbo. The Toxic Twins ; Doing Nothing ; Mr. Hedge Fund Goes to Washington ; Defending the Common Man ; No End in Sight ; Fixing the Roof ; Shaky Ground
Dimensions
20 cm
Extent
159 pages
Isbn
9780990976301
Lccn
2015940135
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
map
System control number
  • 898533197
  • (OCoLC)898533197

Library Locations

    • San Francisco Public LibraryBorrow it
      100 Larkin Street, San Francisco, CA, 94102, US
      37.779376 -122.415795
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