Bookshelf: Business Books for the Executive's Nightstand

By Kirk Shinkle

July 9, 2008 RSS Feed Print

Financial Shock: A 360° Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis
—By Mark Zandi (FT Press)
Aggressive builders, greedy lenders, optimistic home buyers: Zandi, an economist at Moody's Economy.com, succinctly dissects the mortgage mess from start to (one hopes) finish. He criticizes "confused" policymakers and lays some blame on a slavish devotion to homeownership in America. In some ways, he concludes, "we were all speculating."

Tags:
books,
housing market

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