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The Essayist: Reflections from a Real Estate Survivor: (A Collection of Essays from The Huffington Post, Dissident Voice and Counter (en Inglés)
D. Sidney Potter
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The Essayist: Reflections from a Real Estate Survivor: (A Collection of Essays from The Huffington Post, Dissident Voice and Counter (en Inglés) - Potter, D. Sidney
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Origen: Estados Unidos
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Reseña del libro "The Essayist: Reflections from a Real Estate Survivor: (A Collection of Essays from The Huffington Post, Dissident Voice and Counter (en Inglés)"
The pathos of the 2008 Great Recession had a fairly wide sweep, from minimum-wage busboys to newspaper heiresses like Veronica Hearst to Federal Reserve chair, Ben Bernanke, whose childhood home was lost as a result of a relative not making timely mortgage payments--wherein all mentioned experienced some type of economic pain, or at least embarrassment, related to the Great Recession. These episodes are captured in this book as a way to bring a slight degree of levity to this economic catastrophe but to also underscore a serious juncture in American social and political theory as well.Author D. Sidney Potter, once a prolific real estate investor in the early to late part of the real estate boom that lead to the bust, puts a spotlight on the real estate finance mortgage industry as once a lucrative insider to now as a disenfranchised member and erstwhile benefactor. The irony of having to make his living as a mortgage operations professional, who now examines the very mortgage financings that once bore his name, does not go past him. His unabrasive and sometimes crude essays examine the usual suspects--from bankster CEOs, nascent political movements, and professional legislators to the analytics of mortgage products that resulted in the self-inflicted implosion. Mr. Potter's collection of essays acts as a self-entombed time capsule that should be taken as a testimony of fact, not fiction.
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