{"product_id":"9781429965774","title":"Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon","description":"\u003cp\u003e\u003cb\u003eA \u003ci\u003eWashington Post\u003c\/i\u003e Notable Nonfiction Book for 2011\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eOne of \u003ci\u003eThe Economist\u003c\/i\u003e's 2011 Books of the Year \u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe\u003c\/b\u003e \u003cb\u003e\u003ci\u003eNew York Times's\u003c\/i\u003e Pulitzer Prize-winning columnist reveals how the financial meltdown emerged from the toxic interplay of Washington, Wall Street, and corrupt mortgage lenders\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eReckless Endangerment\u003c\/i\u003e, Gretchen Morgenson, the star business columnist of \u003ci\u003eThe New York Times,\u003c\/i\u003e exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy. \u003c\/p\u003e\u003cp\u003eDrawing on previously untapped sources and building on original research from coauthor Joshua Rosner—who himself raised early warnings with the public and investors, and kept detailed records—Morgenson connects the dots that led to this fiasco. \u003c\/p\u003e\u003cp\u003eMorgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, the FDIC, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster. \u003c\/p\u003e\u003cp\u003eCharacter-rich and definitive in its analysis, this is the one account of the financial crisis you must read.\u003c\/p\u003e","brand":"Holt, Henry \u0026 Company, Inc.","offers":[{"title":"Default Title","offer_id":47134061199600,"sku":"9781429965774","price":9.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781429965774_p0.jpg?v=1769903041","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781429965774","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}