From Your Wallets to Their Pockets

Understanding the Credit Crisis: Privatizing Profits and Socializing Losses 

By Tony Pallante

Published November, 2008
Pages: 144
Size: 6x9
ISBN: 9781440108044
                                                                                           
For a Signed Copy Pay with PayPal
                                                                                                         Amazon.com    Barnes&Noble

 

"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.”

 

.


Overview
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.

 
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 and his wife, Michelle, currently
live in Orange County, California


 

(c) Copyright, 2009 Performance Capital Services, LLC.. All rights reserved