Bull by the Horns is the story of financial calamity seen from the perspective of this public servant, rendered from detailed notes. We learn with whom she met, what was said, what decisions taken, and how things turned out. She begins with the battles over deregulation of the banks (Basel II), with the gathering sub-prime storm, and proceeds through the disaster: WaMu, Wachovia, Citigroup, Bank of America, AIG, Citigroup again. And then the battles of the aftermath, over among other things Dodd-Frank, Basel III and the robosigning frauds. This is a book for aficionados of infuriating detail.
|By: BevW Sunday November 18, 2012 1:59 pm|
|By: Gregg Levine Tuesday May 4, 2010 2:10 pm|
Shorter Tim Geithner: Buyer Beware. . . like, seriously beware–because the banks can do pretty much whatever they want, and they don’t have to tell the consumers anything if they don’t want to.
|By: Teddy Partridge Thursday January 7, 2010 4:50 pm|
Much discussion today about Chris Dodd as a potential candidate to replace Tim Geithner atop the Treasury Department, which I think overlooks a much better idea: get Byron Dorgan to oversee America’s economy and, specifically, Wall Street.