Meltdown : The Financial Crisis, Consumer Protection, and the Road Forward

Language: English

Published by Bloomsbury Publishing PLC Nov 2024, 2024

9798765136713

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Softcover

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Neuware - Meltdown reveals how the Consumer Financial Protection Bureau was able to curb unsafe and unfair practices that led to the 2008 financial crisis. In interviews with key government, industry, and advocacy groups along with deep archival research, Kirsch and Squires show where the CFPB was able to overcome many abusive practices, where it was less able to do so, and why.Open for business in 2011, the CFPB was Congress's response to the financial catastrophe that shattered millions of middle-class and lower-income households and threatened the stability of the global economy. But only a few years later, with U.S. economic conditions on a path to recovery, there are already disturbing signs of the (re)emergence of the high-risk, high-reward credit practices that the CFPB was designed to curb. This book profiles how the Bureau has attempted to stop abusive and discriminatory lending practices in the mortgage and automobile lending sectors and documents the multilayered challenges faced by an untested new regulatory agency in its efforts to transform the broken-but lucrative-business practices of the financial services industry.Authors Kirsch and Squires raise the question of whether the consumer protection approach to financial services reform will succeed over the long term in light of political and business efforts to scuttle it. Case studies of mortgage and automobile lending reforms highlight the key contextual and structural conditions that explain the CFPB's ability to transform financial service industry business models and practices. Meltdown: The Financial Crisis, Consumer Protection, and the Road Forward is essential reading for a wide audience, including anyone involved in the provision of financial services, staff of financial services and consumer protection regulatory agencies, and fair lending and consumer protection advocates. Its accessible presentation of financial information will also serve students and general readers.…

Seller Inventory # 9798765136713

Title
Meltdown : The Financial Crisis, Consumer Protection, and the Road Forward
Author
Larry Kirsch
Publisher
Bloomsbury Publishing PLC Nov 2024
Publication year
2024
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 13
9798765136713
Item weight
251 grams
Dimensions
234x156x9 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

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