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Behind the Housing Crash: Confessions from an Insider (Paperback)
Editorial Reviews
Product Description“Behind the Housing Crash – Confessions from an Insider” is the authoritative book on the housing crisis. It is an expose written by Aaron Clarey, a credit analyst who worked at various banks in the Twin Cities and saw first hand the unethical, if not, illegal dealings that led up to the housing bubble and subsequent crash. Stories of commission-addicted bankers, bribed appraisers, FBI investigations, IRS raids, offshore bank accounts and more regale the reader with a blood-boiling story of corruption, incompetence and limitless greed. However, the book goes beyond exposing those responsible for the housing crash, and does an exemplary job of explaining, in clear and simple language, the economics behind the housing crisis and the consequences for us all. If you are looking for an excellent expose on the banking industry, an explanation why your house is worth $100,000 less than it was before, or are just curious as to what happened, look no further. This is the book to read.
Product Description“Behind the Housing Crash – Confessions from an Insider” is the authoritative book on the housing crisis. It is an expose written by Aaron Clarey, a credit analyst who worked at various banks in the Twin Cities and saw first hand the unethical, if not, illegal dealings that led up to the housing bubble and subsequent crash. Stories of commission-addicted bankers, bribed appraisers, FBI investigations, IRS raids, offshore bank accounts and more regale the reader with a blood-boiling story of corruption, incompetence and limitless greed. However, the book goes beyond exposing those responsible for the housing crash, and does an exemplary job of explaining, in clear and simple language, the economics behind the housing crisis and the consequences for us all. If you are looking for an excellent expose on the banking industry, an explanation why your house is worth $100,000 less than it was before, or are just curious as to what happened, look no further. This is the book to read.
Customer Reviews
Behind the Housing Crash: Confessions from an Insider
3 Reviews
5 star:
(3)
Average Customer Review
(3 customer reviews)
4 of 5 people found the following review helpful:
could also be titled: how not to run a business, September 22, 2008
By
Andrew T. Steimer (KS) - See all my reviews This book provides a unique view of the problems created by local banks that lead to the housing crash. From simply bad business practices, to almost criminal negligence, you'll be amazed by Mr. Clarey's insight into the banking world. The author does an excellent job of explaining more technical terms to the lay reader, and his use of humor and writing skill makes this book a fast read. At times the author seems to harp a bit much on the idiocy of his employers, but this is understandable, in that working for nine years in multiple lending instutitions, and still seeing the same problems again and again would frustrate anyone. This book also provides some excellent anecdotes on poor leadership influencing the workplace. From tales of incompetent management that wastes valuable time, to micro-management that shatters innovation, any leader would do well to take heed and remember the basics of leadership and management that are re-illuminted in this book.
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Excellent!, September 23, 2008
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Karen Ziemniak (Eden Prairie, MN) - See all my reviews I'm only half way through this book and I can't put it down! Great read, very informative. Love it! Hope the author continues to write more books!
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Contributing to GDP, September 15, 2008
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Alan C. Davis (Conyers Ga) - See all my reviews Ordered the book today.....if any thing like his informative, hoot of a blog, I have no doubt it will be a great read............
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