And Then the Roof Caved In: How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees

And Then the Roof Caved In: How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees

by David Faber
     
 

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And Then the Roof Caved In skillfully explores the causes and consequences of the financial collapse that has affected us all. Written by David Faber-the award-winning CNBC correspondent-this compelling account is filled with the candid reflections of the people who brought the crisis to life. Expanded from the CNBC documentary that the New York Times called "broad

Overview

And Then the Roof Caved In skillfully explores the causes and consequences of the financial collapse that has affected us all. Written by David Faber-the award-winning CNBC correspondent-this compelling account is filled with the candid reflections of the people who brought the crisis to life. Expanded from the CNBC documentary that the New York Times called "broad, comprehensive, and compelling," and that Frank Rich noted as "Superbly done," this book is a must-read.

Editorial Reviews

From the Publisher
"David Faber is known as one of the cooler heads on financial news channel CNBC… True to his reputation, calm prevails through most of the book... Faber explains rather than rants about these mortgages, as well as securitizations and bogus credit ratings, making the case that greed and stupidity caused the financial crisis…"
—Lisa Von Ahn, Reuters

a" fantastic book on the housing meltdown . . .
—The Motley Fool

“CNBC’s David Faber delivers a clear-eyed look at the origins of the crisis. . . As an anchor of the Faber Report, the author was on the front lines of the financial crisis and spoke with many of its key players.
—Fortune magazine

"A slim yet substantial book based on Faber's riveting (and horrifying) CNBC special "House of Cards" that takes readers from the mosquito-ridden swimming pools of option-ARM ghost towns to a Norwegian town bankrupted by ill-advised investments in "synthetic" bonds on the mortgages left behind."
NY Mag, Daily Intel

"…we wound up liking Faber’s book. He writes simply and well. He also uses real people to demonstrate the insanity of the housing boom. While this may not be the deepest book about the crash, it could be the most accessible."
MoneySense magazine

Product Details

ISBN-13:
9780470474235
Publisher:
Wiley
Publication date:
06/22/2009
Pages:
208
Sales rank:
1,126,266
Product dimensions:
6.20(w) x 9.10(h) x 0.90(d)

Meet the Author

DAVID FABER, an Emmy, Peabody, and duPont Award winner, is the anchor and coproducer of CNBC's acclaimed original documentaries and long-form programming as well as a contributor to CNBC's Squawk on the Street. He has been reporting on Wall Street and corporate America for over twenty-two years, sixteen of them as the foremost reporter at CNBC. Faber has broken numerous stories including the massive fraud at WorldCom and News Corp.'s hostile bid for Dow Jones. He was a founding member of CNBC's signature morning show, Squawk Box. Faber also blogs at FaberReport.cnbc.com.

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