And then the roof caved in : how Wall Street's greed and stupidity brought capitalism to its knees / David Faber.

Author: Faber, David, 1964-

Publisher: Hoboken, N.J. : John Wiley & Sons, 2009.

ISBN: 9780470474235 (cloth)
0470474238 (cloth)

Description: p. cm.

Subject: Real estate investment United States.
Financial crises United States.
Foreclosure United States.
Mortgage loans United States.

Contents: Prologue: "on the verge" -- Bubble to bubble. Greenspan's shock and awe. Houses built on cow dung -- Home sweet home. Opening doors. An industry is born. Subprime returns -- The subprime machine. From delivering pizza to delivering mortgages. Living the dream. Diving into deep trouble -- Eyes wide shut. A warning unheeded. A dream no more -- Complicity. Moody's the money maker. Repeat customers -- The securitization from hell. The making of a CDO. Tough to kill. Turning crap into triple-A. From CDS to CDO. Insanity sets in -- Narvik and me. CDOs : an American export. The truth revealed--but did it matter? -- Mortgaging Merrill's future. Climbing out of poverty. A strong start. The secret weapon. Raking it in. Taking big risks -- A house of cards. Digging for gold. Building a case. The investment of a lifetime -- And then the roof caved in. The wheels coming off. The call. A crisis begins. The CDO blues. Light's out -- Epilogue.