And Then the Roof Caved In: How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees

Prologue "On the Verge".

Chapter 1 Bubble to Bubble.

Greenspan's Shock and Awe.

Houses Built on Cow Dung.

Chapter 2 Home Sweet Home.

Opening Doors.

An Industry Is Born.

Subprime Returns.

Chapter 3 The Subprime Machine.

From Delivering Pizza to Delivering Mortgages.

Living the Dream.

Diving into Deep Trouble.

Chapter 4 Eyes Wide Shut.

A Warning Unheeded.

A Dream No More.

Chapter 5 The Great Enabler.

Fannie Mae and Freddie Mac Hit the Scene.

Fannie and Freddie Get a Timeout.

Wall Street Takes Over.

A Tsunami of Mortgages.

From Ownit to Out of It.

Back from the Grave.

Chapter 6 Complicity.

Moody's the Money Maker.

Repeat Customers.

Chapter 7 The Securitization from Hell.

The Making of a CDO.

Tough to Kill.

Turning “Crap into Triple-A”.

From CDS to CDO.

Insanity Sets In.

Chapter 8 Narvik and Me.

CDOs: An American Export.

The Truth Revealed—But Does It Matter?

Chapter 9 Mortgaging Merrill’s Future.

Climbing Out of Poverty.

A Strong Start.

The Secret Weapon.

Raking It In.

Taking Big Risks.

Chapter 10 A House of Cards.

Digging for Gold.

Building a Case.

The Investment of a Lifetime.

Chapter 11 And Then the Roof Caved In.

The Wheels Coming Off.

The Call.

A Crisis Begins.

The CDO Blues.

Lights Out.

Epilogue.

A Note on Sources.

Resources from CNBC.

Index.