Bailout nation : how easy money corrupted Wall Street and shook the world economy / Barry Ritholtz with Aaron Task.
Author: Ritholtz, Barry.
Publisher: Hoboken, N.J. : John Wiley & Sons, 2009.
ISBN: 9780470520383 (cloth)
0470520388 (cloth)
Description: p. cm.
Subject: Financial crises United States.
Finance Government policy United States.
Intervention (Federal government).
United States Economic conditions 2001-
United States Economic policy 2001-
Notes: Includes index.
Contents: A brief history of bailouts -- The creation of the Federal Reserve, and its role in creating our bailout nation -- Pre-bailout nation : (1860-1942) -- Industrial-era bailouts (1971-1995) -- Stock market bailouts, 1987-1995 -- The irrational exuberance era (1996-1999) -- The tech wreck, 2000-2003 -- The backwards, rate-driven economy -- The mad scramble for yield -- The machinery of subprime -- A memo found in the street : Uncle Sam the enabler.