Structured Finance and Collateralized Debt Obligations: New Developments in Cash and Synthetic Securitization (Wiley Finance)For anyone interested hearing the real story about the banks, insolvency and document fraud, take a few minutes and watch this Yves Smith interview. She tells it like it is with precise, direct and substantive answers. You can read her book Econned for more on the economy or check out her blog Naked Capitalism
In this interview she touches on bank insolvency, a rise in interest rates, and the governments insistence on ruining the economy in order to keep the banks from going under. She understand the issues very well and gives great credibility to those insisting bank accountability.
Introduction to Structured Finance (Frank J. Fabozzi Series)
The taboo topic in the Main Stream Media of course is debt restructuring. The banks either do not have the authority to work out loans or they just insist on pillaging the home borrowers. The massive amount of debt left on the shoulders of consumers will keep the economy from growing enough to reduce unemployment.
We are anchored by the debt on the books of the American citizen and the banks insist on dragging the country down. The Too Big to Fail Banks expect the homeowners to be the only party to pick up the tab for the meltdown they created.
Econned author Yves Smith interviewed on BNN
ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism
13 Bankers: The Wall Street Takeover and the Next Financial Meltdown
Crisis Economics: A Crash Course in the Future of Finance
Bailout Nation, with New Post-Crisis Update: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy
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