Subprime Factor

by Jeffrey D. Schlaman

Doug Boyd has spent ten years sacrificing his social life and dignity to his accounting job, for little reward. So when his boss pressures him to ignore some suspicious numbers on a high-profile... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0981546250
• ISBN13: 9780981546254
• Release Date: January 2008
• Publisher: Synergy Books
• Length: 264 Pages
• Weight: 0.70 lbs.
• Dimensions: 0.6" x 5.5" x 8.4"

Customer Reviews

Couldn't put Subprime Factor down - read it in 6 hours

Based on the book's description I was expecting a good "thriller" read, but wondered how the author could possibly weave subprime mortgages into the plot. Well the author did that and then some. The book was engaging from the first page... the characters were engaging and the numerous facts about the current economic situation, components and history were unexpected and a great bonus. I marked at least 15 pages of facts to go back and re-read and further investigate. I read this book in six hours... I couldn't put it down. Not only did the book end up to be a good conspiracy novel (I really enjoy conspiracy novels), but it also left me with a better understanding of the economic situation that the US and World are facing right now. I hope this is not the last book that Jeffrey Schlaman writes.

Great Book!

I read the book in 2 days. I think it is a great book. I liked the quotes, the characters and the understandable economic lessons. It is one of those books that you can't wait to find out what happens so you read it quickly and then you're sad when you're finished. That's my favorite kind of book. I hope Jeff Schlaman writes another one.

Thought Provoking and Entertaining

The title of this book caught my attention when I was searching for a book to help me better understand the current economic crisis. I was originally looking for, or rather expecting only to find, the typical dry business/textbook type coverage of the topic. This novel looked like it would cover the topic in a more interesting and entertaining way. It delivered. In the same way I enjoy exercise more if it is "disguised" as sport or play, I enjoyed learning about the housing bubble and banking crisis when the information was disguised as a novel. Like other reviewers said, the story was well developed and entertaining, the characters, both the good and bad were easy to relate to, and the book was informative and thought provoking. This book isn't the be all, end all authority on the sub-prime crisis, but it's not intended to be. If you want an easily accessible, fun way to learn enough to speak intelligently on the topic or want to jump-start a more thorough investigation of the crisis or economics in general, this book is perfect. Within that context, I have no problem awarding 5 stars. The one negative is that after reading it, I'm thinking a bit more like a conspiracy theorist than I'm comfortable with...

A Visionary Author

This is a book that starts out fast and is hard to put down. It deals with our current economic crisis in a personal way. The main characters are four men, friends since college, now re-connected in a whole new way as the conspiracy begins to look like reality. Meet Martin, college instructor and conspiracy theorist; Paul, real estate and mortgage broker; Doug, the CPA; and Phil, FBI agent as they struggle to make sense of the burst of the housing bubble and the downturn in the economy. Is this all part of a planned conspiracy? Read and find out! As I read this novel for a second time I am struck with the foresight of this author who predicted catastrophies that have occured since the completion of the book. So take a weekend, enjoy the ride, and learn a few things along the way!

THIS BOOK EXPLAINS THE MORTGAGE CRISIS!

This is a great read! This novel explains, in story form, some of the shadier aspects of the creation and growth of the housing bubble. The story is easy to follow and entertaining but there is a TON of real economic information incorporated into the novel as well. The narrative is easy to follow and the characters are very relatable, but the real beauty of this book is that it explains the housing bubble and predicts almost EXACTLY what is happening in the market right now. Jeff Schlaman is definitely the first to market with an "I told you so" book on the housing bubble!