Listen free for 30 days

Listen with offer

Preview
  • Busted

  • Life Inside the Great Mortgage Meltdown
  • By: Edmund L. Andrews
  • Narrated by: Dick Hill
  • Length: 8 hrs and 6 mins
  • 5.0 out of 5 stars (1 rating)

£0.00 for first 30 days

Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
£7.99/month after 30 days. Renews automatically. See here for eligibility.

Busted

By: Edmund L. Andrews
Narrated by: Dick Hill
Try for £0.00

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £15.99

Buy Now for £15.99

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Summary

Veteran New York Times economics reporter Edmund L. Andrews was intimately aware of the dangers posed by easy mortgages from fast-buck lenders. But, eager to buy a home and start a new life, he gave in to temptation and began a surreal adventure into the mortgage mayhem that nearly wrecked our economy.

Busted weaves together the author's own ride to the edge of bankruptcy with the tragicomic stories of his lenders, the Wall Street pros behind them, and the policymakers in Washington who were oblivious until it was too late. The story takes Andrews to the offices of Alan Greenspan, the mansions of subprime-mortgage millionaires in Southern California, a despondent deal makers' convention in Las Vegas, and Wall Street.

Rich with on-the-ground reporting, Busted is a darkly humorous exploration of the cynicism and self-destructive judgment that led to America's biggest economic calamity in generations.

©2009 Edmund L.Andrews (P)2009 Tantor
activate_Holiday_promo_in_buybox_DT_T2

Listeners also enjoyed...

Easy Money cover art
Anatomy of a Ponzi cover art
Money Machine cover art
Shaky Ground cover art
The Little Book of Big Profits from Small Stocks + Website cover art
The Wall Street Money Machine cover art
Reckless Endangerment cover art
The 86 Biggest Lies on Wall Street cover art
Making it in Real Estate cover art
Invest Local cover art
Wealth Mismanagement cover art
Dumb Money cover art
Chain of Blame cover art
The Alpha Masters cover art
Sages cover art
In Fed We Trust cover art

Critic reviews

"This deeply personal expose is timely and sobering in its candor." (Publishers Weekly)
"Andrews's autopsy on his mortgage and the conditions that helped produce it is sharp and at times mordantly funny." (The New York Times Book Review)
"Read Busted for the insight....The president and every member of Congress should read this book." (The Washington Post)

What listeners say about Busted

Average customer ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    1
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Performance
  • 5 out of 5 stars
  • 5 Stars
    1
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 5 out of 5 stars
  • 5 Stars
    1
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.