{"title":"Michael W Hudson","description":null,"products":[{"product_id":"monster-book-michael-w-hudson-9780312610531","title":"The Monster","description":"\u003cp\u003e\u003cb\u003eMagnificently and heartbreakingly told. . . .  Hudson] shows vividly that really filthy, face-to-face fraud and hard-sell bullying . . . brought the economy down around our ears.-\u003ci\u003eThe Boston Globe\u003c\/i\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eIn this page-turning, true-crime expos , award-winning reporter Michael W. Hudson reveals the story of the rise and fall of the biggest subprime lender and Wall Street's biggest patron of subprime: Ameriquest and Lehman Brothers. They did more than any other institutions to produce the biggest financial scandal in American history. \u003cp\u003e\u003c\/p\u003eIt's a tale populated by a remarkable cast of characters: a shadowy billionaire who created the subprime industry out of the ashes of the 1980s S\u0026amp;L scandal; insatiable Wall Street executives; ensnared home owners; investigators who tried to expose the fraud; politicians who turned a blind eye; and, most of all, the drug-snorting, high-living salesman who tell all about the money they made, the lies they told, the deals they closed. \u003cp\u003e\u003c\/p\u003eProvocative and gripping, \u003ci\u003eThe Monster\u003c\/i\u003e is a searing look at the bottom-feeding fraud and top-down greed that fueled the financial collapse.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49636566499601,"sku":"GOR003975458","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50349110526225,"sku":"CIN031261053XG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":51000930500881,"sku":"NIN9780312610531","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52126865162513,"sku":"NLS9780312610531","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/031261053X.jpg?v=1751101792"},{"product_id":"monster-book-michael-w-hudson-9780805090468","title":"The Monster","description":"Lie, swindle, steal. It's another day at work for the sales professionals of the mortgage industry. Amid the wreckage of the S\u0026amp;L scandal, a group of maverick entrepreneurs hatch a new money-making scheme: writing 'subprime' loans at exorbitant prices and bundling them into securities for eager Wall Street banks. In this stunning narrative, award-winning reporter Michael W. Hudson brings us inside the boiler rooms and banks that flooded the nation with high-risk, high-profit mortgages. At Ameriquest Mortgage, the nation's largest subprime lender, salesmen sniff out homeowners vulnerable to refinancing pitches, and use Wite-Out to doctor documents. At rival FAMCO, employees memorize 'The Monster', a high-pressure sales tactic crafted to obscure interest rates - and so unscrupulous that one loan officer calls his state attorney general. With support from Washington bureaucrats and Wall Street, subprime grows into a $1.5 trillion behemoth - devastating the lives of millions of homeowners and wounding the U.S. economy. Provocative and gripping, \"The Moster\" is a searing tale of a sales culture gone out of control and the bottom-feeding fraud and topdown greed that fuelled the financial collapse.","brand":"WoB","offers":[{"title":"US \/ WELL_READ \/ SBYB","offer_id":50361815859473,"sku":"CIN0805090460A","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":51319146676497,"sku":"CIN0805090460VG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ LIKE_NEW \/ INTERNAL","offer_id":51356390424849,"sku":"GOR014236208","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":51616559497489,"sku":"GOR006189611","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":52105479160081,"sku":"CIN0805090460G","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ GOOD \/ INTERNAL","offer_id":52719201321233,"sku":"GOR006577967","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0805090460.jpg?v=1751446824"}],"url":"https:\/\/www.worldofbooks.com\/collections\/author-books-by-michael-w-hudson.oembed","provider":"World of Books ","version":"1.0","type":"link"}