The Banks Did It: An Anatomy of the Financial Crisis

The Banks Did It: An Anatomy of the Financial Crisis
ISBN-10
0674249356
ISBN-13
9780674249356
Category
Banks and banking
Pages
336
Language
English
Published
2021
Publisher
Harvard University Press
Author
Neil Fligstein

Description

To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages--originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the economy.

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