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Dissent from the Majority Report of the Financial Crisis Inquiry Commission

Dissent from the Majority Report of the Financial Crisis Inquiry Commission

DISSENT FROM THE MAJORITY REPOPB

Peter J. Wallison / Peter JWallison

57,92 €
IVA incluido
Disponible
Editorial:
AEI Press
Año de edición:
2011
Materia
Macroeconomía
ISBN:
9780844772301
57,92 €
IVA incluido
Disponible

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Sobre IBD

Peter J. Wallison is the only member of the Financial Crisis Inquiry Commission (FCIC) to release a formal dissent to the FCIC’s official report on the causes of the financial crisis. Wallison, codirector of financial policy studies at the American Enterprise Institute, argues that the FCIC’s report fails to address the cause of the deterioration in mortgage underwriting standards that led to the housing bubble widely accepted as the key factor in destabilizing the American economy. Wallison’s Dissent to the Majority Report of the Financial Crisis Inquiry Commission reveals that government-mandated subprime loans, not greedy investors, were the force behind the deterioration in underwriting standards. This dissent is a must-read for anyone seeking to understand the causes of the financial crisis-and to prevent future economic collapse.

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