By Aaron Task: “The Risks Are Enormous”: Why Morgenson and Rosner Are So Worried
In "Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon," co-authors Gretchen Morgenson and Josh Rosner examine the origins of the crisis, starting in the early 1990s. The co-authors pull no punches and aren’t shy about placing blame. (See also: Reckless Endangerment: Morgenson, Rosner Name Names — Point Finger at Fannie Mae.)
Having taken a long, hard look back, I asked Morgenson and Rosner about what worries them today and looking forward.
Too Big to Fail: Now, Even Bigger!