Money, Murder, and Madness PDF
By:Forrest Russell Cook
Published on 2015-01-29 by AuthorHouse
Money, Murder, and Madness: A Banking Life is not just another book about the financial crisis. Forrest Cook avoids impenetrable financial jargon and takes the reader on a refreshingly different look on why the crisis happened and who were the government officials responsible. He explains why the conventional reporting is misleading or wrong. Cook makes a convincing case that the Clinton and Bush administrations and members of Congress, Democrats and Republicans, pursued an extreme affordable housing agenda that led to the failure of Fannie Mae and Freddie Mac. Readers will be shocked to learn how Fannie and Freddie officials rewarded themselves with huge salaries and bonuses through fraudulent bookkeeping and dishonest financial reporting. If Fannie and Freddie had not failed requiring a massive government intervention and the largest bailout in our history, it’s likely the crisis would have been avoided. Six years after the government takeover of Fannie and Freddie the taxpayers continue to own and heavily subsidize one of the largest companies in the world. Cook also explains how the bailout is hundreds of billions of dollars more than reported in the financial press. He also writes about his personal journey in banking, and it’s not what the reader expects. He tells charming stories about the human side of the business and unlikely events including death threats, demonstrations, a violent bank robbery, and the murder of a Boston police officer.
This Book was ranked at 15 by Google Books for keyword Business Money Finance novel.
Book ID of Money, Murder, and Madness's Books is yPq2BgAAQBAJ, Book which was written byForrest Russell Cookhave ETAG "OuXwXStFQr0"
Book which was published by AuthorHouse since 2015-01-29 have ISBNs, ISBN 13 Code is 9781496959607 and ISBN 10 Code is 1496959604
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Book which have "226 Pages" is Printed at BOOK under CategoryBiography and Autobiography
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