Homewreckers How a Gang of Wall Street Kingpins Hedge Fund Magnates Crooked Banks and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream Aaron Glantz 0062869558 9780062869555

Homewreckers How a Gang of Wall Street Kingpins Hedge Fund Magnates Crooked Banks and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream Aaron Glantz – Ebook Instant Download/Delivery ISBN(s): 0062869558,  9780062869555

Product details:

• ISBN 10: 0062869558
• ISBN 13: 9780062869555
• Author: Aaron

“[I] can’t recommend this joint enough. … An illuminating and discomfiting read.” —Ta-Nehisi Coates  “Essential reading.” —New York Review of Books A shocking, heart-wrenching investigation into America’s housing crisis and the modern-day robber barons who are making a fortune off the backs of the disenfranchised working and middle class—among them, Donald Trump and his inner circle. Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: “I sort of hope that happens because then people like me would go in and buy,” he said. But our future president wasn’t alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes—their profiteering made even easier because, as prize-winning investigative reporter Aaron Glantz reveals in Homewreckers, they often used taxpayer money—and the Obama administration’s promise to cover their losses. In Homewreckers, Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage “products” that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn’t be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few.

Table of contents:

Part I: Financial Freedom
Chapter 1: The Salesman
Chapter 2: A Squandered Opportunity
Chapter 3: A Run on the Bank
Chapter 4: Life on Park Avenue
Chapter 5: The Vultures Circle
Part II: Foreclosure Kings
Chapter 6: A Mortgage Discovered
Chapter 7: Foreclosure Machine
Part III: The Greatest Thing I’ve Ever Done
Chapter 8: ColFin AI-CA5 LLC
Chapter 9: Polo Ponies and Wine
Chapter 10: For Infinity
Chapter 11: Son of a Linen Store Owner
Chapter 12: Loading the Boat
Chapter 13: Life on a Lease
Part IV: The New Redlining
Chapter 14: A Bungalow in Los Angeles
Part V: The Big Flip
Chapter 15: Time to Make a Deal
Chapter 16: The Community Fights Back
Chapter 17: The New Debt Bundles
Chapter 18: Too Big to Fail
Part VI: Enter the Donald
Chapter 19: An Early Vulture
Chapter 20: Trump University
Part VII: President Trump
Chapter 21: Triumph of the Homewreckers
Chapter 22: The Pandemic

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