Michael Bellacosa will lead a DISCUSSION OF Reckless Endangerment
[http://catalog.wiltonlibrary.org/polaris/view.aspx?title=reckless%20endangerment]
by Pulitzer Prize-winning _New York Times_ business reporter Gretchen
Morgenson and housing finance expert Joshua Rosner which provides one
of the best explanations of the causes of the 2008 financial crisis.
With facts and data from previously untapped sources as well as
Rosner’s original research, this accessible analysis takes the
reader behind the curtain at mortgage-finance behemoth Fannie Mae as
well as the Federal Reserve, HUD, Congress, two presidents, and some
of the biggest players on Wall Street. Reviewing the book, Stanford
economics professor John Taylor wrote: 'In a series of clearly written
narratives with many names, dates and figures, [the authors] show that
government officials took actions that benefited well-connected
individuals, who in turn helped the government officials. This mutual
support system thwarted good economic policies and encouraged RECKLESS
ONES. It thereby brought on the crisis, sending the economy into a
tailspin.'
This group meets on the 4th Tuesday of each month from September
through May, excluding December. Call the Senior Center for details
and to register at (203) 834-6240. Comstock Community Center, 180
School Road, Wilton.
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23/05/2018 Last update