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10. Moral Hazard
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Chapters in this book
- Frontmatter i
- CONTENTS ix
- PREFACE xi
- Introduction 1
-
PART ONE: E PLURIBUS INC.
- 1. The Danger and Necessity of Banks 7
- 2. A Cheat upon Somebody 12
- 3. Inc. 19
- 4. The Civil War Tames Currency 35
- 5. Sunshine Charlie 45
- 6. Radio, Rayon, and Retail Credit 50
- 7. If It Seems Too Good to Be True ... 59
- 8. Crash and Contagion 72
- 9. Tickled with Poverty 93
- 10. Moral Hazard 104
-
PART TWO: A WONDERFUL LIFE: SOCIALISM FOR THE RICH
- 11. Zombie Banks 113
- 12. The American Home: Safeguard of American Liberties 130
- 13. Financial Cocaine 141
- 14. Cover-Up and Bailout 155
- 15. Russia Defaults 165
- 16. The Committee to Save the World 181
- 17. Dysfunctional Oversight 187
- 18. Enron: The Emperor’s New Clothes 195
-
PART THREE: ILL-GOTTEN GAIN: BOOM, BUST, AND THE GREAT RECESSION
- 19. Tent City 215
- 20. Financial Magic 225
- 21. The Subprime Prisoner’s Dilemma 242
- 22. Feds Tell States: Shut Up, Sit Down 255
- 23. A Number Out of the Air 267
-
PART FOUR: COCKROACHES IN THE KITCHEN
- 24. Fake Accounts 299
- 25. Who Should Own a Bank 316
- NOTES 329
- BIBLIOGRAPHY 357
- INDEX 407
Chapters in this book
- Frontmatter i
- CONTENTS ix
- PREFACE xi
- Introduction 1
-
PART ONE: E PLURIBUS INC.
- 1. The Danger and Necessity of Banks 7
- 2. A Cheat upon Somebody 12
- 3. Inc. 19
- 4. The Civil War Tames Currency 35
- 5. Sunshine Charlie 45
- 6. Radio, Rayon, and Retail Credit 50
- 7. If It Seems Too Good to Be True ... 59
- 8. Crash and Contagion 72
- 9. Tickled with Poverty 93
- 10. Moral Hazard 104
-
PART TWO: A WONDERFUL LIFE: SOCIALISM FOR THE RICH
- 11. Zombie Banks 113
- 12. The American Home: Safeguard of American Liberties 130
- 13. Financial Cocaine 141
- 14. Cover-Up and Bailout 155
- 15. Russia Defaults 165
- 16. The Committee to Save the World 181
- 17. Dysfunctional Oversight 187
- 18. Enron: The Emperor’s New Clothes 195
-
PART THREE: ILL-GOTTEN GAIN: BOOM, BUST, AND THE GREAT RECESSION
- 19. Tent City 215
- 20. Financial Magic 225
- 21. The Subprime Prisoner’s Dilemma 242
- 22. Feds Tell States: Shut Up, Sit Down 255
- 23. A Number Out of the Air 267
-
PART FOUR: COCKROACHES IN THE KITCHEN
- 24. Fake Accounts 299
- 25. Who Should Own a Bank 316
- NOTES 329
- BIBLIOGRAPHY 357
- INDEX 407