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Fligstein, Neil. The banks did it: an anatomy of the financial crisis / Neil Fligstein. — 1 online resource (xvi, 315 pages) : illustrations. — <URL:http://elib.fa.ru/ebsco/2903872.pdf>.

Record create date: 5/10/2021

Subject: Financial crises — History; Banks and banking — History; Mortgages — History; Global Financial Crisis, 2008-2009.; Banks and banking.; Financial crises.; Mortgages.

Collections: EBSCO

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"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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Table of Contents

  • Cover
  • Title Page
  • Copyright
  • Dedication
  • Contents
  • List of Illustrations
  • Preface
  • Chapter 1. A Long, Strange Trip
  • Chapter 2. From Mortgages to Mortgage Securitization
  • Chapter 3. The Rise of the Vertically Integrated Private Banks, 1993–2001
  • Chapter 4. Financial Innovation and the Alphabet Soup of Financial Products
  • Chapter 5. The Subprime Moment, 2001–2008
  • Chapter 6. The Crisis and Its Spread Worldwide
  • Chapter 7. Fraud and the Financial Crisis
  • Chapter 8. Why Did the Federal Reserve Miss the Financial Crisis of 2008?
  • Chapter 9. The Banks Did It (With the Help of the Government!)
  • Notes
  • References
  • Acknowledgments
  • Index

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