Description
- Print length: 240 pages
- Language: English
- Publisher: Harpercollins
- Publication date: 19 May 2011
- Dimensions: 14.7 x 2.3 x 22.2 cm
- ISBN-10: 9350290650
- ISBN-13: 978-9350290651
Original price was: ₹499.00.₹364.27Current price is: ₹364.27.
Explore the intricate causes behind the 2008 financial crisis with ‘Guaranteed To Fail: Fannie Mae, Freddie Mac And The Debacle Of Mortgage Finance’. This insightful book by John Allison meticulously dissects the role of government-sponsored enterprises in the near-collapse of the U.S. mortgage market. Discover how flawed government guarantees fueled housing bubbles and cost taxpayers billions. Delving into the complexities of Fannie Mae and Freddie Mac, the book offers practical recommendations and a unique public-private partnership model for reform. Essential reading for understanding excessive government intervention in markets and preventing future financial meltdowns. A timely and influential contribution to economic discourse.
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