Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions) [Paperback]

Richard Bitner (Author)

Product Details

• Paperback
• Publisher: LTV Media; 1st edition (2008)
• ISBN-10: 0981457401
• ISBN-13: 978-0981457406
• Product Dimensions: 8.3 x 5.3 x 0.5 inches
• Shipping Weight: 6.4 ounces
• Average Customer Review: 5.0 out of 5 stars  See all reviews (5 customer reviews)
• Amazon Best Sellers Rank: #1,940,176 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

6 of 6 people found the following review helpful:

5.0 out of 5 stars Well written - great resource, March 14, 2008

By 

Whitney Cunningham (Flagstaff, AZ United States) - See all my reviews
(REAL NAME)   

This review is from: Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions) (Paperback)

This book is well written. It explains the subprime business in a way anyone can understand without being condescending. Not only that, it goes on to analyze why this mess happened, and what might be done to prevent it from happening again. Great book.

8 of 9 people found the following review helpful:

5.0 out of 5 stars Outstanding. This is the one to buy., March 14, 2008

By 

Jonaona - See all my reviews

Amazon Verified Purchase

This review is from: Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions) (Paperback)

If you want a book that tells you why things went so wrong in subprime lending, this is the book. Not only is (or more correctly, was) the author an insider in the industry, he is bright, extremely perceptive, and, most importantly, he has a conscience. In addition, he is an extremely able writer. He takes a topic that others have reduced to technical mush and presents it in a clear, precise, pointed fashion. The book is a nice collection of on-the-ground examples placed in a perceptive and morally-balanced "big picture." There are insights here that you won't find anywhere else.

Let me make it clear: I have no connection with the author in any way, shape, or form. I was looking for a good, well-written book that gave me new insights into the sub-prime mess. I bought five different books. This one was clearly the best. A couple of the others were useful, but they didn't have the appeal of hearing all of this explained by a very bright, extremely knowledgeable insider.

If you want to know how all of those banks in Europe got duped into buying bonds backed by laugher mortgages, or how Bear, Stearns got taken down, you want to continue your search. But if you want to know how this massive market failure happened in the first place, this author, Richard Bitner, will tell you.

3 of 4 people found the following review helpful:

5.0 out of 5 stars Blame Game, March 13, 2008

By 

House of Raven (Sumter, SC USA) - See all my reviews

This review is from: Greed, Fraud & Ignorance: A Subprime Insider's Look at the Mortgage Collapse (Mortgage Solutions) (Paperback)

Required reading for all members of the Executive that means you to Mr. President, and the Legislative branch of our government. This book is just as important to the nameless bureaucrats who participate in the brotherhood of the "Not Me" blame game in Washington.