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Author: James R. Hagerty Publisher: Arcadia Publishing ISBN: 1614236992 Category : Business & Economics Languages : en Pages : 241
Book Description
“A lucid and meticulously reported book by one of the Wall Street Journal’s ace reporters” (George Anders, Forbes contributor and author of The Rare Find). In 1938, the administration of Franklin Delano Roosevelt created a small agency called Fannie Mae. Intended to make home loans more accessible, the agency was born of the Great Depression and a government desperate to revive housing construction. It was a minor detail of the New Deal, barely recorded by the newspapers of the day. Over the next seventy years, Fannie Mae evolved into one of the largest financial companies in the world, owned by private shareholders but with its nearly $1 trillion of debt effectively guaranteed by the government. Almost from the beginning, critics repeatedly warned that Fannie was an accident waiting to happen. Then, in 2008, the housing market collapsed. Amid a wave of foreclosures, the company’s capital began to run out, and the US Treasury seized control. From the New Deal to President Obama’s administration, James R. Hagerty explains this fascinating but little-understood saga. Based on the author’s reporting for the Wall Street Journal, personal research, and interviews with executives, regulators, and congressional leaders, The Fateful History of Fannie Mae, he explains the politics, economics, and human frailties behind seven decades of missed opportunities to prevent a financial disaster.
Author: James R. Hagerty Publisher: Arcadia Publishing ISBN: 1614236992 Category : Business & Economics Languages : en Pages : 241
Book Description
“A lucid and meticulously reported book by one of the Wall Street Journal’s ace reporters” (George Anders, Forbes contributor and author of The Rare Find). In 1938, the administration of Franklin Delano Roosevelt created a small agency called Fannie Mae. Intended to make home loans more accessible, the agency was born of the Great Depression and a government desperate to revive housing construction. It was a minor detail of the New Deal, barely recorded by the newspapers of the day. Over the next seventy years, Fannie Mae evolved into one of the largest financial companies in the world, owned by private shareholders but with its nearly $1 trillion of debt effectively guaranteed by the government. Almost from the beginning, critics repeatedly warned that Fannie was an accident waiting to happen. Then, in 2008, the housing market collapsed. Amid a wave of foreclosures, the company’s capital began to run out, and the US Treasury seized control. From the New Deal to President Obama’s administration, James R. Hagerty explains this fascinating but little-understood saga. Based on the author’s reporting for the Wall Street Journal, personal research, and interviews with executives, regulators, and congressional leaders, The Fateful History of Fannie Mae, he explains the politics, economics, and human frailties behind seven decades of missed opportunities to prevent a financial disaster.
Author: Kathleen Day Publisher: Yale University Press ISBN: 0300223323 Category : Business & Economics Languages : en Pages : 441
Book Description
A history of major financial crises--and how taxpayers have been left with the bill In the 1930s, battered and humbled by the Great Depression, the U.S. financial sector struck a grand bargain with the federal government. Bankers gained a safety net in exchange for certain curbs on their freedom: transparency rules, record-keeping and antifraud measures, and fiduciary responsibilities. Despite subsequent periodic changes in these regulations, the underlying bargain played a major role in preserving the stability of the financial markets as well as the larger economy. By the free-market era of the 1980s and 90s, however, Wall Street argued that rules embodied in New Deal-era regulations to protect consumers and ultimately taxpayers were no longer needed--and government agreed. This engaging history documents the country's financial crises, focusing on those of the 1920s, the 1980s, and the 2000s, and reveals how the two more recent crises arose from the neglect of this fundamental bargain, and how taxpayers have been left with the bill.
Author: Roger W. Caves Publisher: Taylor & Francis ISBN: 1000905659 Category : Architecture Languages : en Pages : 1123
Book Description
Extensively revised and updated, Planning in the USA, fifth edition, continues to provide a comprehensive introduction to the policies, theory, and practice of planning. Outlining land use, urban planning, and environmental protection policies, this fully illustrated book explains the nature of the planning process and the way in which policy issues are identified, defined, and approached. The new edition incorporates new planning legislation and regulations at the state and federal layers of government and examples of local ordinances in a variety of planning areas. New material includes discussions of • education and equity in planning; • the City Beautiful Movement; • Daniel Burnham’s plan for Chicago; • segregation; • Knick v. Township of Scott; • reforming single-family zoning and regulatory challenges in zoning and land use; • Daniel Parolek’s ‘Missing Middle Housing’; • climate change, mitigation, adaptation, and resiliency; • the drinking water crisis in Flint, Michigan; • sharing programs for cars, bicycles, and scooters; • hybrid electric and autonomous vehicles; • Vision Zero; • COVID-19 relief for housing; • Innovation Districts, Promise Zones, and Opportunity Zones; • the sharing, gig, and creative economies; • scenic views and vistas, monuments, statues, and remembering the past; and • healthy cities, Health Impact Assessment, and active living. This detailed account of urbanization in the United States reveals the problematic nature and limitations of the planning process, the fallibility of experts, and the difficulties facing policy-makers in their search for solutions. Planning in the USA, fifth edition, is an essential book for students of urban planning, urban politics, environmental geography, and environment politics. It will be a valuable resource for planners and all who are concerned with the nature of contemporary urban and environmental problems.
Author: Oonagh McDonald Publisher: Manchester University Press ISBN: 1526100509 Category : Business & Economics Languages : en Pages : 358
Book Description
This electronic version has been made available under a Creative Commons (BY-NC) open access license. Using extensive documentary evidence and interviews with former Lehman employees, Oonagh McDonald reveals the decisions that led to Lehman’s collapse, investigates why the government refused a bail-out and whether the implications of this refusal were fully understood. In clear and accessible language she demonstrates both the short and long term effects of Lehman’s collapse.
Author: Branko Marcetic Publisher: Verso Books ISBN: 1839760281 Category : Biography & Autobiography Languages : en Pages : 289
Book Description
A deep dive into Joe Biden’s history and the origins of his political values Yesterday’s Man exposes the forgotten history of Joe Biden, one of the United States’s longest-serving politicians, and one of its least scrutinized. Over nearly fifty years in politics, the man called “Middle-Class Joe” served as a key architect of the Democratic Party’s rightward turn, ushering in the end of the liberal New Deal order and enabling the political takeover of the radical right. Far from being a liberal stalwart, Biden often outdid even Reagan, Gingrich, and Bush, assisting the right-wing war against the working class, and ultimately paving the way for Trump. The most comprehensive political biography of someone who has tried for decades to be president, Yesterday’s Man is an essential read for anyone interested in knowing the real Joe Biden and what he might do in office.
Author: James R. Hagerty Publisher: Citadel ISBN: 0806542071 Category : Language Arts & Disciplines Languages : en Pages : 226
Book Description
In a surprisingly upbeat, heartfelt book about a serious subject, The Wall Street Journal’s veteran obituary writer, award-winning journalist James R. Hagerty, shares his unique skills with those who want to have the last word with flourish, honesty, and even humor. Whether in-brief for future newspapers and websites, or as a more complete mini-memoir for friends and family, Yours Truly is a guide to making sure your story is told the way you want – and how the process of preparing your own life story can help you live a better life. Someday, your life story is likely to be boiled down to a few lines. If you leave things to chance, your obituary is almost sure to be solemn, formulaic, and full of errors—an obligatory final chapter written in haste by others. James R. Hagerty, longtime obit writer for The Wall Street Journal, knows how to get the job done right: Do it yourself, starting now, while you still can. In this heartfelt and reassuring guide, Hagerty explains how to preserve your personal history—from crafting a brief obituary for newspapers and websites, to a more thoughtful and detailed mini-memoir for those close to you. Through his personal stories, on-the-job anecdotes, and insights, you will learn what to include, what to leave out, and how to provide historical context, record oral histories and make the most of details, all with candor and wit. Best of all, you’ll find that reviewing your life story helps you think about what you’re doing with your time on Earth and whether you’re on the right path. It isn’t too late to improve the narrative with a stronger ending. Telling your story your way can be the best gift you ever give to friends and loved ones—and yourself.
Author: David Schoenbrod Publisher: Encounter Books ISBN: 1594039127 Category : Political Science Languages : en Pages : 187
Book Description
You think you know why our government in Washington is broken, but you really don't. You think it's broken because politicians curry favor with special interests and activists of the Left or Right. There's something to that and it helps explain why these politicians can't find common ground, but it misses the root cause. A half century ago, elected officials in Congress and the White House figured out a new system for enacting laws and spending programs--one that lets them take credit for promising good news while avoiding blame for government producing bad results. With five key tricks, politicians of both parties now avoid accounting to us for what government actually does to us. While you understand that these politicians seem to pull rabbits out of hats, hardly anyone sees the sleight of hand by which they get away with their tricks. Otherwise, their tricks wouldn't work. DC Confidential exposes the sleights of hand. Once they are brought to light, we can stop the tricks, fix our broken government, and make Washington work for us once again. The book explains the necessary reform and lays out an action plan to put it in place. Stopping the tricks would be a constructive, inclusive response to the anger that Americans from across the political spectrum feel toward what should be our government.
Author: Bethany McLean Publisher: Penguin ISBN: 1101551054 Category : Business & Economics Languages : en Pages : 503
Book Description
Hailed as "the best business book of 2010" (Huffington Post), this New York Times bestseller about the 2008 financial crisis brings the devastation of the Great Recession to life. As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers? According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, many devils helped bring hell to the economy. All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature. Just as McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, so will All the Devils Are Here be remembered for finally making sense of the financial meltdown and its consequences.
Author: E. Michael Rosser Publisher: University Press of Colorado ISBN: 160732623X Category : History Languages : en Pages : 408
Book Description
Part economic history, part public history, A History of Mortgage Banking in the West is an insider’s account of how the mortgage banking sector worked over the last 150 years, including analysis of the causes of the 2007 mortgage crisis. Beginning with the land and railroad development acts that encouraged settlement in the west, E. Michael Rosser and Diane M. Sanders trace the laws, institutions, and individuals that contributed to the economic growth of the region. Using Colorado and the west as a case study for the nation’s economic and property development as a whole since the late nineteenth century, Rosser and Sanders explain how farm mortgages and agricultural lending steadily gave way to urban development and housing mortgages, all while the large mortgage and investment firms financed the development of some of the state’s most important water resources and railroad networks. Rosser uses his personal experience as a lifelong practitioner and educator of mortgage banking, along with a plethora of primary sources, academic archives, and industry publications, to analyze the causes of economic booms and busts as they relate to real estate and development. Rosser’s professional acumen combined with Sanders’s research experience makes A History of Mortgage Banking in the West a rich and nuanced account of the region’s most significant economic events. It will be an important work for scholars and practitioners in regional and financial history, mortgage market practice and development, government housing and mortgage policy, and financial stability and of great significance to anyone curious about the role of the federal government in national housing policy and the inherent risk in mortgages.
Author: Louis V. Gerstner Publisher: Harper Collins ISBN: 0060523808 Category : Business & Economics Languages : en Pages : 310
Book Description
Who Says Elephants Can't Dance? sums up Lou Gerstner's historic business achievement, bringing IBM back from the brink of insolvency to lead the computer business once again.Offering a unique case study drawn from decades of experience at some of America's top companies -- McKinsey, American Express, RJR Nabisco -- Gerstner's insights into management and leadership are applicable to any business, at any level. Ranging from strategy to public relations, from finance to organization, Gerstner reveals the lessons of a lifetime running highly successful companies.
Author: James R. Hagerty
Author: James R. Hagerty
Author: Kathleen Day
Author: Roger W. Caves
Author: Oonagh McDonald
Author: Branko Marcetic
Author: James R. Hagerty
Author: David Schoenbrod
Author: Bethany McLean
Author: E. Michael Rosser
Author: Louis V. Gerstner