Who Really Drove the Economy Into the Ditch is popular PDF and ePub book, written by Joseph Fried in 2012, 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, Who Really Drove the Economy Into the Ditch can be Read Online from any device for your convenience.
Who Really Drove the Economy Into the Ditch Book PDF Summary
Joseph N. Fried examines the factors leading to the financial crisis of 2007/8 and the mess it's put us in today. Although he analyzes the transgressions of Wall Street, the author also presents a wide variety of factors — including some that originated in the governmental sector and others that originated in the private sector. The book includes several rarely mentioned contributing factors such as the detrimental impact of automated underwriting systems that were heavily promoted by Fannie Mae and Freddie Mac. This is an opinionated book with an attitude. However, the author, a CPA and MBA, presents economic information in a conversational tone and meticulously backs up his views with references, charts, and quotes. Joseph N. Fried has published several books with Algora, explaining financial controversies and challenges for the general reader. Here, he highlights eye-popping aspects of the recent financial circus including: Drive-by house appraisals; the impact of hundreds of local housing programs funded by HUD; state governments, and housing advocacy groups; false delinquency statistics put forth by Fannie Mae and Freddie Mac; 'silent second' and 'piggyback loans'.
Detail Book of Who Really Drove the Economy Into the Ditch PDF
- Author : Joseph Fried
- Release : 22 September 2024
- Publisher : Algora Publishing
- ISBN : 9780875869438
- Genre : Business & Economics
- Total Page : 343 pages
- Language : English
- PDF File Size : 15,9 Mb
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