Homewreckers how a gang of Wall Street kingpins hedge fund magnates crooked banks and vulture capitalists suckered millions out of their homes and demolished the American dream

Homewreckers how a gang of Wall Street kingpins hedge fund magnates crooked banks and vulture capitalists suckered millions out of their homes and demolished the American dream

Aaron Glantz
Book - 2019

Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: “I sort of hope that happens because then people like me would go in and buy,” he said. But our future president wasn<U+2019>t alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes<U+2014>their profiteering made even easier because, as prize-winning investigative reporter Aaron Glantz reveals in Homewreckers, they often used taxpayer money<U+2014>and the Obama administration<U+2019>s promise to cover their losses. In Homewreckers, Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage “products” that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn<U+2019>t be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few.

Saved in:

Holdings -

Central

Barcode Status Material Type CallNumber
37413317862581 Available Non-fiction 332.722 GLANTZ
Bibliographic Details
Main Author: Glantz, Aaron (Author)
Format: Book
Language:English
Published: New York, NY : Custom House, [2019]
Edition:First edition.
Subjects:

MARC

LEADER 00000cam a2200000Ii 4500
001 688584
005 20191207091400.0
008 181210s2019 nyua 001 0 eng d
020 |a 0062869531 
020 |a 9780062869531 
035 |a (OCoLC)1078434095 
040 |a YDX  |b eng  |e rda  |c YDX  |d BDX  |d SNR  |d ORX 
082 0 4 |a 332.7/220973  |2 23 
092 0 |a 332.722 GLANTZ 
100 1 |a Glantz, Aaron,  |e author. 
245 1 0 |a Homewreckers : how a gang of Wall Street kingpins, hedge fund magnates, crooked banks, and vulture capitalists suckered millions out of their homes and demolished the American dream /  |c Aaron Glantz. 
250 |a First edition. 
264 1 |a New York, NY :  |b Custom House,  |c [2019] 
300 |a xxx, 398 pages :  |b illustrations ;  |c 24 cm 
336 |a text  |2 rdacontent 
337 |a unmediated  |2 rdamedia 
338 |a volume  |2 rdacarrier 
504 |a Includes bibliographical references (pages 379-381) and index. 
520 |a Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: “I sort of hope that happens because then people like me would go in and buy,” he said. But our future president wasn<U+2019>t alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes<U+2014>their profiteering made even easier because, as prize-winning investigative reporter Aaron Glantz reveals in Homewreckers, they often used taxpayer money<U+2014>and the Obama administration<U+2019>s promise to cover their losses. In Homewreckers, Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage “products” that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn<U+2019>t be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few. 
650 0 |a Mortgage loans  |z United States. 
650 0 |a Mortgage loans  |x Corrupt practices  |z United States. 
650 0 |a Housing  |z United States  |x Finance. 
650 0 |a Foreclosure  |z United States. 
650 0 |a Home ownership  |z United States. 
949 |b 37413317862581  |c nf  |d prta  |e 332.722 GLANTZ  |g dt  |h 28.00  |q 1592316 
998 |a 2019.08.29 
999 f f |i 8bfa2f2d-30cf-531f-8ca6-e599b68e35eb  |s d8b366f1-2381-56d2-9e66-bb1ad8b480dc  |t 0 
952 f f |p Standard Circulation  |a City of Spokane  |b Spokane Public Library  |c Branches  |d Central  |t 0  |e 332.722 GLANTZ  |h Dewey Decimal classification  |i Non-fiction  |m 37413317862581