Collateral damaged : the marketing of consumer debt to America / Charles R. Geisst.
2009
HG3756.U54 G45 2009 (Mapit)
Available at General Collection
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Details
Title
Collateral damaged : the marketing of consumer debt to America / Charles R. Geisst.
Author
Geisst, Charles R.
Edition
1st ed.
ISBN
9781576603253 (alk. paper)
1576603253 (alk. paper)
1576603253 (alk. paper)
Publication Details
New York : Bloomberg Press, 2009.
Language
English
Description
274 p. : ill. ; 24 cm.
Call Number
HG3756.U54 G45 2009
Dewey Decimal Classification
332.7/43
Summary
"Collateral Damaged explains how America had turned from a nation of savers into a nation of consumers addicted to debt. Wall Street then used that addiction to create "toxic securities" that threaten to bring about the collapse of the global economy. How can America get its fiscal house in order again?"--Provided by publisher.
Bibliography, etc. Note
Includes bibliographical references and index.
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Table of Contents
The great American credit machine
Creating a consumer credit society in the 1920s
A self-fulfilling prophecy
The rise of credit cards
The mortgage explosion
The politics of credit
Policy implications
Prescription and outlook.
Creating a consumer credit society in the 1920s
A self-fulfilling prophecy
The rise of credit cards
The mortgage explosion
The politics of credit
Policy implications
Prescription and outlook.