Looking for good background material regarding the financial crisis, with specific emphasis on the following...
- Decision-making process for repealing provisions of Glass-Steagals and the hindsight analysis
- Rationale for eliminating the uptick rule and the hindsight analysis
- Impact of foreign investment on housing bubble (would it have happened without it?)
- How AIG got so deep into credit default swaps
- The role of Fannie Mae in the increase of subprime lending
- Changes or proposed changes for corporate governance, leverage requirements, and other legislative responses made or proposed
Non-controversial articles that lay out the facts as most would agree on them are ideal - at least to start off. I'm not looking for "inside accounts," such as books that detail the minute-by-minute deals that resulted in Bear Stearns being purchased or Lehman Brothers failing. Big picture, policy-maker perspective is ideal, preferably stuff worthy of inclusion in a bibliography.
Any takers? The only book on my list, for the moment, is the one by
Barth (it looked good when I flipped through it at B&N, but the $60 price tag was a bit steep for a book that I wasn't sure I would regret buying - I now see it for half that at amazon - and, yes, I will "
tweak the surge"). There seems to be dozens of books that are similar, but each seems to have an ideological agenda to lay blame, rather than hashing out what happened.