Journals Higher Education



Published: 26 January 2011

368 Pages | 12 linecuts, 23 halftones

6-1/8 x 9-1/4 inches

ISBN: 9780195388824

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Bookseller Code (06)

The Subprime Virus

Reckless Credit, Regulatory Failure, and Next Steps

Kathleen C. Engel and Patricia A. McCoy

  • A lively, sharply reasoned account of the toxic lending practices that produced the recent economic collapse
  • A challenge to the myth that the subprime crisis was a "perfect storm" that could not be foreseen, the book shows a unique understanding of the regulatory failure on the federal government's part to thwart it
  • As legal experts, the authors' analysis and solutions are grounded in a rich understanding of how the law can be used to prevent a repeat crisis

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