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The Resource Bad paper : chasing debt from Wall Street to the underworld, Jake Halpern

Bad paper : chasing debt from Wall Street to the underworld, Jake Halpern

Label
Bad paper : chasing debt from Wall Street to the underworld
Title
Bad paper
Title remainder
chasing debt from Wall Street to the underworld
Statement of responsibility
Jake Halpern
Creator
Subject
Language
eng
Summary
  • "A trip to the underworld of debt collection, where bankers team up with ex-burglars and few rules apply Bad Paper is a riveting expose;, a moving story of an unlikely friendship, and a gritty narrative of how scrappy entrepreneurs profit from our debts. Jake Halpern introduces us to a former banking executive and a former armed robber who become partners and go in quest of "paper"--the uncollected debts that are sold off by banks for pennies on the dollar. As Halpern shows, the world of consumer debt collection is a wild and unregulated shadowland, where operators may misrepresent a debtor's situation, make illegal threats, and even lay claim to debts that are not theirs to collect in the first place. It is a realm of indelible individuals who possess a swagger and vocabulary that even David Mamet could not invent. Halpern follows his collectors as they intimidate competitors with weapons, manage high-pressure call centers, and scheme new ways to benefit from American's debt-industrial complex. He also explores the history of collection agencies and reveals the human cost of a system that leaves hardworking Americans with little opportunity to retire their debts in a reasonable way. The result is a bravura work of storytelling that is also an important consciousness-raiser"--
  • "Frequent New Yorker contributor Jake Halpern investigates the shadowy, unregulated world of consumer debt collection, focusing on an unlikely friendship between a former banking executive and former armed robber who go in search of "paper," spreadsheets of uncollected debt sold off by banks for pennies on the dollar"--
Assigning source
  • Provided by publisher
  • Provided by publisher
Cataloging source
DLC
Index
no index present
Literary form
non fiction
Label
Bad paper : chasing debt from Wall Street to the underworld, Jake Halpern
Instantiates
Publication
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Control code
sky2ocm59536139
Dimensions
22 cm
Edition
First edition.
Extent
240 pages
Isbn
9780374108236
Lccn
2014013576
Media category
unmediated
Media MARC source
rdamedia
Label
Bad paper : chasing debt from Wall Street to the underworld, Jake Halpern
Publication
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Control code
sky2ocm59536139
Dimensions
22 cm
Edition
First edition.
Extent
240 pages
Isbn
9780374108236
Lccn
2014013576
Media category
unmediated
Media MARC source
rdamedia

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