Bookshelf: Business Books for the Executive's Nightstand
By
Kirk Shinkle
Posted July 9, 2008
Financial Shock: A 360° Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis
—By Mark Zandi (FT Press)
Aggressive builders, greedy lenders, optimistic home buyers: Zandi, an economist at Moody's Economy.com, succinctly dissects the mortgage mess from start to (one hopes) finish. He criticizes "confused" policymakers and lays some blame on a slavish devotion to homeownership in America. In some ways, he concludes, "we were all speculating."
advertisement
Add your thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.