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Bestselling author Bethany McLean reveals the true story of fracking's impact -- on Wall Street, the economy and geopolitics.
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"Argues that obtaining energy through the hydraulic fracturing of shale rock is based on unstable economic foundations, and is having much more destructive effects on the economy and the government of the United States than its advocates claim"--
Fracking. --- United States. --- USA
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This surprising narrative goes back more than twenty years to reveal, in rich, anecdotal detail, how Wall Street, the mortgage industry, and the government conspired to change the way Americans bought their homes, creating a perfect storm. The authors take us inside elusive institutions such as Goldman Sachs, AIG, and Fannie Mae, to reveal who changed the game and why.
Financial crises --- Global Financial Crisis, 2008-2009. --- Mortgage-backed securities --- Subprime mortgage loans --- History --- Global Financial Crisis, 2008-2009 --- 330.9730931 --- 323.4 --- 333.17 --- 333.645 --- 333.78 --- 650 --- AA / International- internationaal --- US / United States of America - USA - Verenigde Staten - Etats Unis --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Politieke zeden.Partijgeest. Nepotisme. Favoritisme --- Crises, saneringen en hervormingen van het bankwezen --- Speculatie op de beurs --- Kredietcontrole. Credit crunch --- Theorieën en grondbeginselen. Management
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Business failures --- Energy industries --- Corrupt practices --- Enron Corp --- History
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