CNBC’s Farber on Wall St. Crash

CNBC’s David Faber appeared this morning on the Today show with host Matt Lauer, sending his book, And the Roof Caved In: How Wall St. Greed and Stupidity Brought Capitalism to its Knees, to #12 on Amazon. None of the libraries we checked had copies.

On the show, Farber said that his book tries to connect the dots between the experience of individual Americans and the economic forces that created the collapse of the mortgage market. He also commented that President Obama’s proposed mortgage industry regulations leave too much discretion to the states; discussed the problem of companies that become “too big to fail;” and contrasted current levels of consumer spending with the views of financial experts who project recovery beginning in 2010 at the earliest.

And Then the Roof Caved In
David Faber
Retail Price: $26.95
Hardcover: 192 pages
Publisher: Wiley – (2009-06-22)
ISBN / EAN: 0470474238 / 9780470474235

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