Bailout: What the Rescue of Bear
Stearns and the Credit
Crisis Mean for Your
John M. Waggoner
Published by John Wiley & Sons, Inc., Hoboken, New Jersey. 2008
This is a great read on the whole mortgage industry. Lots of interesting trivia makes a complicated issue very understandable. Great analogies that help piece it together. Waggoner is extremely witty.
John Waggoner has written a book about a deadly serious topic that couldn\'t be timelier. And he\'s managed to tackle the topic with wit and insight that is both engaging and useful for any reader trying to make sense of what the current credit crisis means to their personal investments.