TY - BOOK ED - United States. TI - The financial crisis inquiry report: final report of the National Commission on the Causes of the Financial and Economic Crisis in the United States SN - 9781610390415 (pbk.) U1 - 330.9730931 23 PY - 2011/// CY - New York, NY PB - Public Affairs KW - Global Financial Crisis, 2008-2009 KW - Financial crises KW - United States KW - Subprime mortgage loans KW - Mortgage-backed securities KW - Bank investments KW - Economic conditions KW - 2009- KW - Electronic books N1 - Includes bibliographical references (p. 465-545); PART I; CRISIS ON THE HORIZON; Before our very eyes --; PART II; SETTING THE STAGE; Shadow banking --; Securitization and derivatives --; Deregulation redux --; Subprime lending --; PART III; THE BOOM AND BUST; Credit expansion --; The mortgage machine --; The CDO machine --; All in --; The madness --; The bust --; PART IV; THE UNRAVELING; Early 2007 : spreading subprime worries --; Summer 2007 : disruptions in funding --; Late 2007 to early 2008 : billions in subprime losses --; March 2008 : the fall of Bear Stearns --; March to August 2008 : systemic risk concerns --; September 2008 : the takeover of Fannie Mae and Freddie Mac --; September 2008 : the bankruptcy of Lehman --; September 2008 : the bailout of AIG --; Crisis and panic --; PART V; THE AFTERSHOCKS; The economic fallout --; The foreclosure crisis --; DISSENTING VIEWS; Dissenting statement; Keith Hennessey; Douglas Holtz-Eakin; Bill Thomas --; Financial Crisis Inquiry Commission dissenting statement; Peter J. Wallison; License restrictions may limit access N2 - Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability ER -