Reckless Endangerment – The politics behind Fannie Mae and Freddie Mac.
“Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, the FDIC, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster.”
The Endgame– The end of the debt supercycle and what that means to world economies.
“Mauldin lays out the uncomfortable choices facing nearly every major country. While Mauldin’s analysis of the American debt problem is sobering, his comments on Europe are downright frightening.”
The Big Short – A behind the scenes look at the financial crisis of 2008.
Michael Lewis writes a very compelling story of the players involoved in the subprime mortgage disaster.
A Conflict of Visions – Ideological Origins of Political Struggles
“Thomas Sowell writes presents a provocative analysis of the conflicting visions of human nature that have shaped the moral, legal and economic life of recent times.”