HOUSTON, Oct. 5, 2011 (GLOBE NEWSWIRE) --
Gretchen Morgenson -- Pulitzer Prize and Two-Time Gerald Loeb Award Winner -- Author of RECKLESS ENDANGERMENT
Wednesday, October 26th at 12:00pm
Luncheon: $30++ per person or Tables of 10 -- $28++ per person
Ripping the top off the 2008 financial debacle and naming names of those responsible, in her trenchant and incisive style which won the Pulitzer Prize and has made her one of the most respected financial writers covering Wall Street, Ms. Morgenson reveals how the American Dream of homeownership morphed into a national nightmare thanks to avaricious bankers and legislators, greedy business leaders, incompetent rating agencies and feckless regulators.
"Most explanations of the financial calamity of 2008 and its aftermath have been indecipherable," says George Will, "but put on asbestos mittens and pick up Reckless Endangerment, the scalding new book by Gretchen Morgenson, New York Times columnist and Business and Finance Editor. The calamity has lacked human faces. No more." She names names. Such as James A. Johnson, the CEO of Fannie Mae who pocketed $21 million in one year and $100 million over the decade. Other names prominent in the book are Franklin Raines, Larry Summers, Alan Greenspan, Robert Rubin, Tim Geithner and Barney Frank.
It is our privilege to hear in-person and to question the courageous author of Reckless Endangerment which has been a fixture on the NYT Best Seller list for several months. Come hear the dynamic Ms. Morgenson relate how "their avarice could finally, and forcefully, so corrupt a noble idea like homeownership into something that so poisoned the global economy it was left in a semi-vegative state."
The book Reckless Endangerment will be available for sale on-site by Brazos Bookstore.
Reservations required. Please call (713) 225-1661 to reserve your seat.
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