Ford Library

Andrews, Edmund L. Busted : life inside the great mortgage meltdown. W. W. Norton, 2009.

Busted is a personal and penetrating account of one man’s experience with purchasing an overpriced house with a subprime mortgage. Written by an economics reporter for the New York Times, the author is aware of the economic and financial risks, yet he succumbs to temptation and buys a house he cannot afford. With his judgment impaired by his emotions – he is in love – Andrews enters into a vortex of debt from credit cards and desperate refinancing on his home.

Andrews ends up ruined financially. He claims responsibility, but he also blames the mortgage brokers and real estate appraisers, money lenders and Wall Street players, credit rating agencies, institutional investors and Washington policymakers. Eventually he blames his ex-wife. One person he does not blame is his new wife. The Atlantic later reported that he failed to disclose Andrews’s new wife’s history of bankruptcy.

This is not a book with a happy ending. Yet this blunt tale of personal ruin is riveting and well worth the investment in time.

© Reviewer: Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

Come meet and network with Fuqua’s premium business information providers.

On Wednesday, April 7, from 11am – noon, Ford Library will host a vendor showcase featuring 9 business information providers who supply data and research tools to leading business schools around the globe.

All Fuqua MBA students are cordially invited to join us in the Esbenshade Room (across from the Library entrance) for this event.

This is an open event with no formal presentations, and it gives you a chance speak to individual company reps, and view product demonstrations of tools that you may very well find on your corporate desk top after graduation.

We look forward to seeing you there!

See the new releases shelf for:

2012
Capitalism: A Love Story
Captain Abu Raed [Jordan]
Crude
Everybody’s Fine
Informant!
Paris
Precious
Time Traveler’s Wife
Up in the Air
Where the Wild Things Are
A Serious Man

This year’s 2010 Duke MBA India Business Forum will be held on Sunday, March 28th. It is titled “India: Turning the Lens on Tomorrow” and will address important economic forces impacting Asia’s third largest economy in global business. Please see the following books from the Ford Library or check out our India display in the Economics section. Click on a link to check availability or to place a hold.

• Imagining India: The Idea of a Renewed Nation by Nandan Nilekani
• The New Asian Innovation Dynamics: China and India in Perspective edited by Govindan Parayil and Anthony P. D’Costa
• India’s Global Powerhouses: How They are Taking on the World by Nirmalya Kumar
• The Changing Face of People Management in India edited by Pawan S. Budhwar and Jyotsna Bhatnagar
• Strategic Corporate Communication: A Global Approach for Doing Business in the New India by Paul A. Argenti
• The Story of India [DVD]. PBS Home Video, 2009.
• The Soul of India [DVD]. Rick Ray Films, c2004.
• India Arriving: How This Economic Powerhouse is Redefining Global Business by Rafiq Dossani