Bankruptcy

Subprime Crisis Books

By Alan White

As the subprime crisis enters its fourth or fifth year, depending on when your version of the story begins, there is an ever-expanding menu of crisis books to choose from.  I have particularly enjoyed the less scholarly and more journalistic tales set in the boiler rooms of Orange County California (the Monster, by Michael Hudson) and the towers of Wall Street (Griftopia, by Matt Taibbi).  Others on my list include Dan Immergluck?s Foreclosed, and Thirteen Bankers, by Simon Johnson and James Kwak, which tell the stories of mortgage regulation/deregulation and the financial-regulatory complex, respectively, less colorfully but more exhaustively.  Next on my list:  The Big Short and Too Big to Fail.  The bookshelves are also bulging with chronicles of collapsed (or nearly collapsed) companies?Lehman Brothers, AIG, General Motors, etc? So gentle readers, which are your favorite crisis books?

Full post as published by Credit Slips on December 30, 2010 (boomark / email).