The financial crisis inquiry report : final report of the National Commission on the Causes of the Financial and Economic Crisis in the United States / Financial Crisis Inquiry Commission.

Includes bibliographical references (p. 547-545).

PART I : CRISIS ON THE HORIZON: Before our very eyes -- PART II : SETTING THE STAGE: Shadow banking -- Securitization and derivatives -- Deregulation redux -- Subprime lending -- PART III : THE BOOM AND BUST: Credit expansion -- The mortgage machine -- The CDO machine -- All in the madness -- The bust -- PART IV : THE UNRAVELING: Early : spreading subprime worries -- Summer 20007 : disruptions in funding -- Late 2007 to early 2008 : billions in subprime losses -- March 2008 : the fall of Bear Stearns -- March to August 2008 : systemic risk concerns -- September 2008 : the takeover of Fannie Mae and Freddie Mac -- September 2008 : the bankruptcy of Lehman -- September 2008 : the bailout of AIG -- Crisis and panic -- PART V : THE AFTERSHOCKS: The economic fallout -- The foreclosure crisis -- DISSENTING VIEWS: Dissenting statement / Keith Hennessey, Douglas Holtz-Eakin, Bill Thomas -- Financial Crisis Inquiry Commission dissenting statement / Peter J. Wallison

Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability.