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Meltdown: I Need a Plan

Kuntz, Katrina; Baez, Eduardo

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ISBN 10: 143274089X / ISBN 13: 9781432740894
Published by Outskirts Press
Used Condition: Fine Hardcover
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Bibliographic Details

Title: Meltdown: I Need a Plan

Publisher: Outskirts Press

Binding: Hardcover

Book Condition:Fine

About this title

Synopsis:

"Those greedy AIG executives are being paid retention bonuses! Hold on. My sister is on that bonus list, has worked there for 30 years, received no raise for the past 6 of those years, and will soon be left with no job, no prospects, and no income."

It's remarkable how our opinions can change based on knowledge and personal perspective shifts. Before reading "Meltdown: I Need a Plan," you may have thought that everyone who worked in the mortgage industry was personally responsible for instigating the current global economic chaos. You were only partly correct.

Like every business, there are good guys and bad guys. There are the entitled and the victims. Some are stars and some are underdogs. And, occasionally, one person can fall into all of those categories.

"Meltdown" was written by a former college professor and executive at a top ten mortgage company-and an early casualty of the implosion. Her first-hand-knowledge tale loosely follows the career of a young immigrant-her coauthor and still a mortgage executive--to the United States where he landed in the home loan mess almost by default. He was sometimes wrong and felt entitled, and was otherwise innocent and a victim.

It doesn't matter if he wears his good or bad guy hat; he's immensely entertaining while he chases his dreams. And, oh, what we learn. Are sex, drugs and rock and roll associated with a trillion dollar industry? Bet on it. Would high powered executives undermine their best sales person because he is too good? They would and did. Why would anyone ever choose an exotic ARM loan? You'll read why.

"Meltdown" will stimulate blog chatter internationally. It will inspire supportive cults for the lead character. It will answer questions and raise even more.

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