Collateral Damaged: The Marketing of Consumer Debt to America

by Charles R. Geisst

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Sometime in the 1970s and 1980s, the use of credit cards, which had begun as a convenience, began to grow into an addiction. Collateral Damaged: The Marketing of Consumer Debt to America explains how a nation of savers became a nation of consumers and how Wall Street used consumers addiction to spending to create the "toxic securities" that threaten to bring about the collapse of the global economy. Geisst looks at the policy implications of the credit...

Format:Hardcover

Language:English

ISBN:1576603253

ISBN13:9781576603253

Release Date:August 2009

Publisher:Bloomberg Press

Length:288 Pages

Weight:1.40 lbs.

Dimensions:0.9" x 6.3" x 9.3"

Related Subjects

Business Business & Investing Credit Ratings & Repair Investing Personal Finance Popular Economics

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Collateral Damaged: The Marketing of Consumer Debt to America

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