Homewreckers : how a gang of Wall Street kingpins, hedge fund magnates, crooked banks, and vulture capitalists suckered millions out of their homes and demolished the American dream
(Book)

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Published
New York, NY : Custom House, [2019].
Status
Forest Ave. Library - Personal Finance - Adult
332.7 G
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Central Library - Nonfiction - 2nd Floor332.7 GChecked OutJanuary 2, 2025
Forest Ave. Library - Personal Finance - Adult332.7 GOn Shelf

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More Details

Published
New York, NY : Custom House, [2019].
Format
Book
Physical Desc
xxx, 398 pages, 16 unnumbered pages of plates : illustrations ; 24 cm
Language
English

Notes

Bibliography
Includes bibliographical references (pages 379-381) and index.
Description
Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: "I sort of hope that happens because then people like me would go in and buy," he said. But our future president wasn't alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes--their profiteering made even easier because, as prize-winning investigative reporter Aaron Glantz reveals in Homewreckers, they often used taxpayer money--and the Obama administration's promise to cover their losses. In Homewreckers, Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage "products" that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn't be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few.

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Citations

APA Citation, 7th Edition (style guide)

Glantz, A. (2019). Homewreckers: how a gang of Wall Street kingpins, hedge fund magnates, crooked banks, and vulture capitalists suckered millions out of their homes and demolished the American dream (First edition.). Custom House.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Glantz, Aaron. 2019. Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream. Custom House.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Glantz, Aaron. Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream Custom House, 2019.

MLA Citation, 9th Edition (style guide)

Glantz, Aaron. Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream First edition., Custom House, 2019.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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