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"The author excels at breaking down seemingly intimidating
information and presenting it for the lay reader (without “dumbing
down” to the professional)"
This book does an excellent job of framing the current
financial crisis so that both lay readers and financial
professionals can read with ease and learn. The author does
a particularly commendable job of providing an historical
framework for the current crisis."
"This book’s content is very strong and timely. It will
also be timeless, in that the recent financial crisis will
undoubtedly be studied in academia for decades. This book
could find as its audience not only the layperson and
professional financier, but also academia."
“This is the book that I
have waited for, - - Tony presents this important issue in
an easy to follow and yet scholarly way. His long and broad
based financial services experience rushes at you. This book
is straight forward and laced with all of the facts that
explain the current crisis."
"Tony has been a "go to guy" in the
industry and brings responsibility and integrity to this
topic in good measure. This is an excellent education for
lay-people with a curiosity, and should be required reading
in the banking business and associated industries.”
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Overview |
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From Your Wallets to Their Pockets
shares an easy-to-understand insider's point of view of
the complex mortgage industry while providing a
comprehensive explanation about the key players, how
they collaborate within credit markets, and why these
interactions have created both current and future
painful financial crises.
Tony Pallante, CEO of Performance Capital Services,
possesses more than twenty-five years of experience as a
consultant and executive who helps financial
organizations in strategic development and execution. In
his educational reference manual tailored for the
average consumer, Pallante offers a brief history of the
mortgage market, basic information about products and
description and a glossary of industry terms. In
conclusion he connects the pieces of the puzzle by
sharing his insight into the very real problems that the
current colossal financial sinkhole has created for
consumers, including historically high foreclosure
rates, depreciating home values, and dwindling access to
credit.
From Your Wallets to Their Pockets explores a vast
range of topics of the utmost interest to industry
participants, policy makers, and the American taxpayer,
ultimately exposing the hidden truths within an industry
that has caused financial mayhem across global
economies.
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About the Author
Tony Pallante is the CEO of
Performance Capital Services, a management consulting
firm advising financial services industry clients. He
has more than twenty-five years of experience as a
consultant and executive, helping financial
organizations in strategy development and strategic
execution.
Tony is also the author of BIG
Strategic Planning for Your Business: Organizing
Complexity into Execution
Tony and his wife, Michelle, currently
live in Orange County, California
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