I have read several books on this issue of the subprime crisis, but by far, the best one (and most infuriating) is “Reckless Endangerment” by Gretchen Morgenson and Joshua Rosner.
I am about 3/4 of the way through it, and felt compelled enough to purchase the electronic version so I could mark it up for easier reference.
Most of what I have learned has been out of curiosity since BearSterns fell. I have not purchased any book, but I have heard of the one you are reading as being excellent.
It amazes me how there is so little outrage here at FR on this topic. The leftists will swing their hammers and claim that it is captialism that has caused all of this. But it won’t be true. This nation has been and continues to slide down the slope of socialism, and THAT is what is failing.
But attack the banks? Oh, my, we can’t do that! But how are we capitalism now? We aren’t and haven’t been for more than 50 years now.
Put the blame where it belongs, on SOCIALISM, and return this nation to sound money, and limited government. The Constitution doesn’t need to be changed, we need to go BACK to it, and FOLLOW it.