Libyrinths's Reviews > Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon

Reckless Endangerment by Gretchen Morgenson
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Jan 12, 2012

really liked it
Read in November, 2011

Start with good intentions based on faulty research, add in government programs and pressure, and some rogues sprinkled throughout government and private industry, then bake with a coating of indifferent or nonexistent oversight and what do you get? The housing bubble/ economic meltdown of 2008.

This book is a clearly-written account of why 2008 happened, and few are left unscathed. There are a handful of people who tried to prevent it, but clearly the juggernaut was rolling over everyone.

If you want a straightforward and clear account of why this happened, even if you aren't an economics maven, this is the book to read.
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