Bad paper : chasing debt from Wall Street to the underworld
(Book)

Book Cover
Average Rating
Published
New York : Farrar, Straus and Giroux, 2014.
Status
Franklin Ave. Library - Nonfiction - Adult
332.7 H
1 available

Description

Loading Description...

Also in this Series

Checking series information...

Copies

LocationCall NumberStatus
Franklin Ave. Library - Nonfiction - Adult332.7 HOn Shelf

More Like This

Loading more titles like this title...

About the Author, Reviews, Awards, and More

More Details

Published
New York : Farrar, Straus and Giroux, 2014.
Format
Book
Physical Desc
240 pages ; 22 cm.
Language
English

Notes

Description
"A trip to the underworld of debt collection, where bankers team up with ex-burglars and few rules apply. Bad Paper is a riveting expose, a moving story of an unlikely friendship, and a gritty narrative of how scrappy entrepreneurs profit from our debts. Jake Halpern introduces us to a former banking executive and a former armed robber who become partners and go in quest of "paper"--the uncollected debts that are sold off by banks for pennies on the dollar. As Halpern shows, the world of consumer debt collection is a wild and unregulated shadowland, where operators may misrepresent a debtor's situation, make illegal threats, and even lay claim to debts that are not theirs to collect in the first place. It is a realm of indelible individuals who possess a swagger and vocabulary that even David Mamet could not invent. Halpern follows his collectors as they intimidate competitors with weapons, manage high-pressure call centers, and scheme new ways to benefit from American's debt-industrial complex. He also explores the history of collection agencies and reveals the human cost of a system that leaves hardworking Americans with little opportunity to retire their debts in a reasonable way. The result is a bravura work of storytelling that is also an important consciousness-raiser"--,Provided by publisher.

Citations

APA Citation, 7th Edition (style guide)

Halpern, J. (2014). Bad paper: chasing debt from Wall Street to the underworld (First edition.). Farrar, Straus and Giroux.

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

Halpern, Jake. 2014. Bad Paper: Chasing Debt From Wall Street to the Underworld. Farrar, Straus and Giroux.

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

Halpern, Jake. Bad Paper: Chasing Debt From Wall Street to the Underworld Farrar, Straus and Giroux, 2014.

MLA Citation, 9th Edition (style guide)

Halpern, Jake. Bad Paper: Chasing Debt From Wall Street to the Underworld First edition., Farrar, Straus and Giroux, 2014.

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.

Staff View

Loading Staff View.