Wednesday, November 2, 2011
Book: Black Box Casino
Black Box Casino Author, Robert Stowe England made remarks during the conference shedding light on the Occupy Wall Street Phenomenon. You can see Stowe's remarks on YouTube
View at: http://www.youtube.com/watch?v=lv0jv-C0iWE .
Timely in light of the "Occupy Wall Street" phenomenon, England's remarks inform a topic that is at best vaguely understood even by the most financially savvy of disgruntled U.S. citizens. According to England, his determination to write "Black Box Casino" was prompted by his personal intrigue with "a monumental mystery that needed to be investigated and explained."
"When I began writing about the mortgage industry back in 1988, I found it to be a fascinating, tough industry in which free markets corrected and regulated the business," he explained, adding that he first met former Countrywide founder and CEO Angelo Mozillo the same year, conducting a wide-ranging, seven-hour interview.
For IDS this was a different experience, a rewarding experience. We hope that in this time of crisis everyone can come together and communicate and figure out a way to improve an industry that is dear to our hearts.