Complicit : : how Greed and Collusion Made the Credit Crisis Unstoppable

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Includes index.
Bubbles are for bathtubs : the real estate boom -- Unsafe at any rating : CDOs and the companies that judged them -- Priced for perfection : the financial gene pool economic Darwinism couldn't improve -- Bubbles, bubbles everywhere : global liquidity's search for a profitable home -- Judgment or luck : the profits banks couldn't understand--or protect -- Knight in rusty armor : an ill-advised rescue helps show banks just how much value their collateralized debt has lost -- The noose tightens : frozen money markets confound central bankers, hurt consumers, and drive imploding investments back onto bankers' books -- Central banks, unbalanced : caught off guard, the financial authorities make up the rules as they go along -- Et tu, money markets and municipals? : the crunch catches vanilla investments -- Giants fall : the credit crisis reaches its climax -- Conclusions and policy prescriptions.
"Reporter and editor Mark Gilbert plumbs the origins of the sub-prime debt crisis, tracing it back to 'a silent conspiracy of the well rewarded' in banking, real estate, trading, insurance, investing, politics, regulation, credit rating, law, and economic theory"--Provided by publisher.

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