Bailout Nation, with New Post-Crisis Update

Foreword. Acknowledgments. Introduction Bailout Nation. PART I A BRIEF HISTORY OF BAILOUTS. Chapter 1 A Brief History of Bailouts. Chapter 2 The Creation of the Federal Reserve, and Its Role in Creating Our Bailout Nation. Chapter 3 Pre-Bailout Nation (1860–1942). Chapter 4 Industrial-Era Bailouts (1971–1995). Intermezzo A Pattern Emerges. PART II THE MODERN ERA OF BAILOUTS. Chapter 5 Stock Market Bailouts (1987-1995). Chapter 6 The Irrational Exuberance Era (1996-1999). Chapter 7 The Tech Wreck (2000-2003). Chapter 8 The Backwards, Rate-Driven Economy. Intermezzo A Brief History of Finance and Credit. Chapter 9 The Mad Scramble for Yield. PART III MARKET FAILURE. Chapter 10 The Machinery of Subprime. Intermezzo A Memo Found in the Street: Uncle Sam the Enabler. Chapter 11 Radical Deregulation, Nonfeasance. Chapter 12 Strange Connections, Unintended Consequences. Chapter 13 Moral Hazard: Why Bailouts Cause Future Problems. PART IV BAILOUT NATION. Chapter 14 2008: Suicide by Democracy. Chapter 15 The Fall of Bear Stearns. Chapter 16 Dot-Com Penis Envy. Chapter 17 Year of the Bailout, Part I: The Notorious AIG. Chapter 18 The Year of the Bailout, Part II: Too Big to Succeed? Intermezzo Idiots Fiddle While Rome Burns. PART V POST-BAILOUT NATION. Chapter 19 Casting Blame. Chapter 20 Misplaced Fault. Chapter 21 The Virtues of Foreclosure. Chapter 22 Casino Capitalism. Postscript Advice to a New President. Notes. Index.