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Bad paper: chasing debt from Wall Street to the underworld

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Publisher:
Varies, see individual formats and editions
Pub. Date:
2014.
Language:
English
Description
"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 alsoexplores 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 importantconsciousness-raiser"--
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ISBN:
9780374108236
9780374711245
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Grouping Information

Grouped Work ID3fe948da-72c5-04ff-adaa-22f752b10921
Grouping Titlebad paper chasing debt from wall street to the underworld
Grouping Authorjake halpern
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2021-01-26 04:16:44AM
Last Indexed2021-01-26 04:44:38AM
Novelist Primary ISBNnone

Solr Details

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authorHalpern, Jake.
author_displayHalpern, Jake
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Online OverDrive Collection
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Online OverDrive Collection
display_description"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 alsoexplores 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 importantconsciousness-raiser"--
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Anne Arundel County Public Library Online
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Online OverDrive Collection
primary_isbn9780374108236
publishDate2014
record_details
Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical DescriptionAbridged
ils:a1149204BookBooks1st Edition.EnglishFarrar, Straus and Giroux, 2014.240 pages ; 22 cm
overdrive:047992b6-57cf-4e33-96ce-fa94a0775a92eBookeBookEnglishFarrar, Straus and Giroux2014
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subject_facetBUSINESS & ECONOMICS / Personal Finance / General
Collecting of accounts
Collection agencies
Consumer credit
Finance, Personal
title_displayBad paper : chasing debt from Wall Street to the underworld
title_fullBad Paper Chasing Debt from Wall Street to the Underworld
Bad paper : chasing debt from Wall Street to the underworld / Jake Halpern
title_shortBad paper
title_subchasing debt from Wall Street to the underworld
topic_facetBUSINESS & ECONOMICS / Personal Finance / General
Business
Collecting of accounts
Collection agencies
Consumer credit
Finance
Finance, Personal
Nonfiction
True Crime