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Thursday, March 28, 2024

“The Risks Are Enormous”: Why Morgenson and Rosner Are So Worried

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!

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