When you can’t address the subject, attack the speaker ~ Cicero
Gretchen Morgenson and Joshua Rosner talk about the 2008 financial collapse and the role played by prominent lending and mortgage companies Fannie Mae and Freddie Mac. From Politics and Prose Bookstore in Washington, DC.
HONESTY is not the policy of Washington or the Investment Banks. In a spectacular account of investigative journalism rare in this day and age, Gretchen Morgenson reveals her talent to hunt down the truth. Unlike most books that have merely sensationalized the collapse, Gretchen has exposed the much deeper corruption that lays BEHIND THE CURTAIN linking Washington and Wall Street like you have only suspected before. Those who try to attack every negative account of the Investment Bankers as Conspiracy Nuts have been following the advice of Cicero. Read more ….
“I think that there is a genuine sense out there that there are two sets of rules, one for big and powerful institutions that are deemed to be too politically interconnected or powerful to fail, and the rest of us, Main Street,” says Gretchen Morgenson, the Pulitzer Prize-winning business reporter who has written extensively on how the U.S. government has failed to prosecute any of the top figures who played a role in the economic crash. Morgenson and Joshua Rosner are co-authors of the new book Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon.