This book "shows that the kinds of bailouts that inspired such popular fury during the 2008 financial crisis emerged from a long history of government support for the financial sector, most especially for banks making mortgages. Glock argues that a central goal of the American government in the early 20th century, from the Progressive Era through the New Deal, was to encourage new and riskier types of bank loans through government guarantees. He shows that the Great Depression led the government to act on its earliest ...
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This book "shows that the kinds of bailouts that inspired such popular fury during the 2008 financial crisis emerged from a long history of government support for the financial sector, most especially for banks making mortgages. Glock argues that a central goal of the American government in the early 20th century, from the Progressive Era through the New Deal, was to encourage new and riskier types of bank loans through government guarantees. He shows that the Great Depression led the government to act on its earliest promises and provide billions of dollars of bailouts to insolvent banks, even while it extended support to an ever greater proportion of banks and financiers. The book thus argues that the most significant and extensive government safety net that emerged from the first half of the twentieth century was the safety net protecting banks and lenders, especially those making long-term mortgages"--
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Add this copy of The Dead Pledge: The Origins of the Mortgage Market and to cart. $29.72, like new condition, Sold by GreatBookPrices rated 4.0 out of 5 stars, ships from Columbia, MD, UNITED STATES, published 2021 by Columbia University Press.
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Fine. Trade paperback (US). Glued binding. 304 p. Contains: Unspecified. Columbia Studies in the History of U.S. Capitalism. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Add this copy of The Dead Pledge: The Origins of the Mortgage Market and to cart. $30.02, new condition, Sold by GreatBookPrices rated 4.0 out of 5 stars, ships from Columbia, MD, UNITED STATES, published 2021 by Columbia University Press.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
New. Trade paperback (US). Glued binding. 304 p. Contains: Unspecified. Columbia Studies in the History of U.S. Capitalism. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
