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For decades, rogue and bogus debt collecting had been a growth industry, but the Great Recession turned its greed into a feeding frenzy of money grubbing. Jake Halpern's Bad Paper zeroes in on two of its active participants: one a former M.B.A. bank executive, and the other a retired armed robber. By following the money, he produces what one reader "nonfiction that reads like the finest thriller; by turns, suspenseful, frightening, eye-opening, and even, at time, funny." Whatever humor it evokes, is tempered, however, by the realization that these often shady enterprises target millions of Americans. Editor's recommendation.