George Nassef’s Reviews > The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System – The Definitive Business Narrative of Capitalism > Status Update

Traces the historical evolution of mortgage-backed securities, associated deregulation and carry-trade's impact on profits and losses. An easy-to-understand explanation of MBS -- mortgage backed securities often cited as the cause of the financial collapse of 2007-2009.