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Would you consider the audio edition of Reckless Endangerment to be better than the print version?
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As a former commercial banker, I had some idea of the events leading up to the Financial Crisis of 2008, but the depth and breadth of the enabling institutions (e.g., Fannie/Freddie, US Congress, the Fed, etc.) on both sides of the political spectrum was at once enlightening and depressing. I think Morgenstern's history and argument structure is terrific and lacks the lazy criticism seen in so many other places.
4 of 4 people found this review helpful
This is an essential look into how Fannie Mae drove down lending standards, leading to the real estate bubble of the last decade and terrible crash that followed. The prose is a bit purple at times, but a great story.
8 of 9 people found this review helpful