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COLLATERAL DAMAGED: THE MARKETING OF CONSUMER DEBT TO By Charles R. Geisst Mint

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ISBN-10
1576603253
Publication Name
Bloomberg Press
Type
Hardcover
ISBN
9781576603253
Book Title
Collateral Damaged : the Marketing of Consumer Debt to America
Item Length
9.3in
Publisher
Wiley & Sons, Incorporated, John
Publication Year
2009
Format
Hardcover
Language
English
Item Height
0.9in
Author
Charles R. Geisst
Genre
Business & Economics
Topic
Personal Finance / Money Management, Finance / General, Investments & Securities / General
Item Width
6.3in
Item Weight
23.1 Oz
Number of Pages
288 Pages

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Product Information

Sometime in the 1970s and 1980s, the use of credit cards, which had begun as a convenience, began to grow into an addiction. Collateral Damaged: The Marketing of Consumer Debt to America explains how a nation of savers became a nation of consumers and how Wall Street used consumers addiction to spending to create the "toxic securities" that threaten to bring about the collapse of the global economy. Geisst looks at the policy implications of the credit crisis and describes how the United States can get its fiscal house in order: Debt must be brought back onto the issuers balance sheet. Investors must have the assurance of recourse to the debt issuers own funds, rather than the empty promise of a valueless document. Regulators must be educated to know at least as much about financial engineering as the structured finance instruments architects do. This book connects the dots from consumer spending to credit cards to home-equity loans and back to credit cards.

Product Identifiers

Publisher
Wiley & Sons, Incorporated, John
ISBN-10
1576603253
ISBN-13
9781576603253
eBay Product ID (ePID)
72738203

Product Key Features

Book Title
Collateral Damaged : the Marketing of Consumer Debt to America
Author
Charles R. Geisst
Format
Hardcover
Language
English
Topic
Personal Finance / Money Management, Finance / General, Investments & Securities / General
Publication Year
2009
Genre
Business & Economics
Number of Pages
288 Pages

Dimensions

Item Length
9.3in
Item Height
0.9in
Item Width
6.3in
Item Weight
23.1 Oz

Additional Product Features

Series Volume Number
6
Lc Classification Number
Hg3756.U54g45 2009
Copyright Date
2009
Lccn
2009-011735
Dewey Decimal
332.7/43
Intended Audience
Trade
Series
Bloomberg Ser.
Dewey Edition
22
Illustrated
Yes

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Beautiful vintage book! I love it!