Condos From the $290s
by cecile
Every day on my way to work I pass a worn sign that says "Condos From the $290s." Whenever I tell anyone about this sign they laugh out loud as it seems to illustrate a bygone era perfectly. In the past couple years a number of books and and videos have come out trying to explain the universal question we all have: What Happened?
Here are a few covering the recent history of financial calamity available at the Ann Arbor District Library:
All the Devils are Here : the Hidden History of the Financial Crisis by Bethany McLean and Joe Nocera is one of the newest and best entries that tries to explain the financial meltdown.
The Monster : How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America--and Spawned a Global Crisis by Michael Hudson (a former WSJ reporter) also does an excellent job of making an intricately complicated system of failures understandable.
Complicit : How Greed and Collusion Made the Credit Crisis Unstoppable by Mark Gilbert of Bloomberg News covers the issue from the perspective of someone who warned of the impending crisis at least 18 months before the actual meltdown.
Plunder: the Crime of Our Time is a film by Danny Schechter that interviews inside players, economists and journalists to illustrate various aspects of the crisis.
Blog Post