More Mortgage Meltdown: 6 Ways to Profit in These Bad Times
A clear look at how to capture investment profits during difficult financial timesThe U.S. economy has become crippled by the credit and real estate catastrophe. Even though we've all been affected by the calamity and have heard no shortage of news about it, it still seems unfathomable and...
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A clear look at how to capture investment profits during difficult financial timesThe U.S. economy has become crippled by the credit and real estate catastrophe. Even though we've all been affected by the calamity and have heard no shortage of news about it, it still seems unfathomable and utterly incomprehensible to most people that the actions of certain mortgage brokers, bankers, ratings agencies, and investment banks could break the economic engine of the world.Now, for the first time, and in terms everyone can grasp, noted analysts and value investing experts Whitney Tilson and Glenn Tongue explain not only how it happened, but shows that the tsunami of credit problems isn't over. The second wave has yet to come. But if you know catastrophe is looming, you can sidestep the train wreck-and even profit. You just need to understand how bad times present opportunity and where to look. More Mortgage Meltdown can help you achieve this goal. The bookBreaks down the complex mortgage products and rocket-science securities Wall Street createdAddresses how to find investment opportunities within the rubble and position your portfolio to take advantage of the crisisExplains exactly how the combination of aggressive lending, government missteps, and Wall Street trading practices created the perfect economic stormShows you why the crisis is not yet over and what we can expect going forwardMore Mortgage Meltdown can help you understand the events that have unfolded, and put you in a better position to profit from the opportunities that arise during these tough financial times.
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Format: hardcover
ISBN:
9780470503409 (0470503408)
Publish date: May 11th 2009
Publisher: Wiley
Pages no: 306
Edition language: English
Chapters 1-6 are amazing and are a must read for any citizen of the U.S. The information in these chapters are simply stunning. The rest of the book is just OK and worth skimming, unless you would like to know more about the companies highlighted. I enjoyed the breakdown of AMEX and Wells Fargo m...