Chapter Ten: How to Prevent Another Financial Crisis—and Housing Bubble
AIG, CDO, MBS—OMG! Just how did the bursting of a mere housing bubble trigger the worst recession since the Great Depression and bring the entire global financial system to the brink of collapse?
That’s a good question. And President Obama’s observation is right—addressing a serious crisis requires stepping back. Unfortunately, the president didn’t move beyond the bully pulpit of asking questions to leading a search for solutions.
Only by coming up with some precise answers can we design a regulatory reform package that will truly insulate ...
Get Seeds of Destruction: Why the Path to Economic Ruin Runs Through Washington, and How to Reclaim American Prosperity now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
