Shaky Ground is popular PDF and ePub book, written by Bethany McLean in 2015, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Shaky Ground can be Read Online from any device for your convenience.
Shaky Ground Book PDF Summary
In a way, the situation is ironic: housing was at the root of the financial crisis, and six years after the meltdown, housing finance is still the greatest unsolved issue. The U.S. housing market is roughly $10 trillion, making it one of the largest segments of the bond market. Roughly 70 percent of the American population has a mortgage, and for most people, the mortgage is the most important financial instrument in their lives. But until the financial crisis, few people knew the essential role that Fannie Mae and Freddie Mac play in their mortgages. Given the $188 billion government bailout of the two firms the most expensive bailout in history the politics surrounding housing are worse than they've ever been, and the two gigantic firms sit in limbo. Best-selling investigative journalist Bethany McLean, the coauthor of The Smartest Guys in the Room andAll the Devils Are Here, explains why the situation is dangerous and unsustainable, and proposes a few solutions from the perfect, but politically unfeasible to the doable, but ugly.
Detail Book of Shaky Ground PDF
- Author : Bethany McLean
- Release : 20 September 2024
- Publisher : Unknown
- ISBN : 0990976300
- Genre : Business & Economics
- Total Page : 159 pages
- Language : English
- PDF File Size : 15,7 Mb
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