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Collateral damaged : the marketing of consumer debt to America / Charles R. Geisst.

Lippincott Library HG3756.U54 G45 2009
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Format:
Book
Author/Creator:
Geisst, Charles R.
Language:
English
Subjects (All):
Consumer credit--United States--History.
Consumer credit.
Saving and investment--United States--History.
Saving and investment.
History.
United States.
Physical Description:
274 pages : illustrations ; 24 cm
Edition:
First edition.
Place of Publication:
New York : Bloomberg Press, 2009.
Summary:
"Collateral Damaged explains how America had turned from a nation of savers into a nation of consumers addicted to debt. Wall Street then used that addiction to create "toxic securities" that threaten to bring about the collapse of the global economy. How can America get its fiscal house in order again?"--Provided by publisher.
Contents:
The great American credit machine
Creating a consumer credit society in the 1920s
A self-fulfilling prophecy
The rise of credit cards
The mortgage explosion
The politics of credit
Policy implications
Prescription and outlook.
Notes:
Includes bibliographical references and index.
ISBN:
9781576603253
1576603253
OCLC:
317623173
Publisher Number:
99934630473

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