- Explore more great deals on 1000's of titles in our Deals in Books store.
|Amazon Price||New from||Used from|
The ongoing tumult in financial markets and the global economy began when some of our most esteemed financial institutions, our government, and even average citizens abdicated their collective responsibilities, eventually selling out investors and selling off the American Dream itself.
From critically acclaimed investigative journalist and CNBC personality Charles Gasparino comes a sweeping examination of the most volatile, anxiety-ridden era in our nation's socioeconomic history. The winner of the 2009 Investigative Reporters and Editors Award for Books, The Sellout traces the recent implosion of the financial services business back to its roots in the late 1970s, when Wall Street embraced a new business model predicated on enormous risk. Gasparino reveals a startling trail of culpability—from the government bureaucrats who crafted housing policies to the Wall Street firms that underwrote and invested in risky debt, to the mortgage sellers who indiscriminately handed out loans, and finally to the homeowners who thought they could afford mansions on blue-collar wages.--This text refers to an alternate Paperback edition.
I read Gasparino's "The Sellout" after reading "Circle of Friends." Many have said "The Sellout" is his better work, but I found them to be of the same quality. Read morePublished 29 days ago by M. Lozano
The author does a great job recounting the use of risk at financial institutions since the 1970's and the regulatory changes that fostered risky behavior. Read morePublished 1 month ago by gappo
Great book that attempts to put all the complexity that lead up to this last crash in simple terms. ReadPublished 2 months ago by Scott Robinson
Everything you need to know how Wall Street screws you over and continues to do so. To these CEOs, your money is their money and by God you better not ask for it back. Read morePublished 4 months ago by J. Stevens
I wish sec, fed and all regulators around the globe had it as a compulsory reading. Although conclusions look rather naive and emotional.Published 6 months ago by Anda suelto
For some of us who lived through the 2008 era, it may not look so serious. But when you put a 50 year perspective, it is a very daunting era. Read morePublished 7 months ago by rpv
A very informative book about the corruption and indifference that caused the 2007/2008 financial crisis. Read morePublished 7 months ago by Homer
Very revealing. Well documentated and informative..the information was put together in an order that made following easy and not boring as I anticipated it would be.Published 11 months ago by bill
I have read so many books about what happened during the meltdown. Charlie Gasparino takes you back into the ;70's and '80's to give you some insight into the character of these... Read morePublished 11 months ago by Marrette Chambers