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

Acknowledgments. 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.