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Life Inside the Great Mortgage Meltdown
W. W. Norton & Company
June 2009
On Sale: June 15, 2009
240 pages
ISBN: 0393067947
EAN: 9780393067941
Hardcover
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Non-Fiction
The fiasco that sank millions of Americans, including one journalist, who thought he knew better. A veteran New York Times economics reporter, Edmund L. Andrews was intimately aware of the dangers posed by easy mortgages from fast-buck lenders. But, eager to buy a home and start a new life, he gave in to temptation and began a surreal adventure into the mortgage mayhem that nearly wrecked our economy. Busted weaves together the authorβs own ride to the edge of bankruptcy with the tragicomic stories of his lenders, the Wall Street pros behind them, and the policymakers in Washington who were oblivious until it was too late. The story takes Andrews to the offices of Alan Greenspan, the mansions of subprime-mortgage millionaires in southern California, a despondent deal makersβ convention in Las Vegas, and Wall Street. Rich with on-the-ground reporting, Busted is a darkly humorous exploration of the cynicism and self-destructive judgment that led to Americaβs biggest economic calamity in generations.
 Media BuzzDiane Rehm Show - NPR - March 29, 2010
Colbert Report - July 16, 2009
NewsHour with Jim Lehrer - May 21, 2009
Today - May 19, 2009
All Things Considered - May 15, 2009
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