Bad paper: chasing debt from Wall Street to the underworld

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Publisher:
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Pub. Date:
2014.
Language:
English
Description
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. 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.
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ISBN:
9780374108236
9781629238791
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Grouping Information

Grouped Work ID 9e5a49b1-846e-0866-8083-0a9b0497dd07
Grouping Title bad paper chasing debt from wall street to the underworld
Grouping Author halpern jake
Grouping Category book
Last Grouping Update 2018-08-13 23:20:25PM
Last Indexed 2018-08-14 00:34:47AM

Solr Details

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author Halpern, Jake,
author_display Halpern, Jake
available_at_catalog Bordeaux, Green Hills, Green Hills Kids, Hermitage, Hermitage Kids, Main Kids, Main Library, Richland Park
collection_catalog Non-Fiction
detailed_location_catalog Bordeaux - Adult Non-Fiction, Green Hills - Adult Non-Fiction, Hermitage - Adult Non-Fiction, Main Library - Adult Non-Fiction, Richland Park - Adult Non-Fiction
display_description "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"--
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local_callnumber_catalog 332.70973 H1955b
owning_library_catalog Nashville Public Library
owning_location_catalog Bordeaux, Green Hills, Green Hills Kids, Hermitage, Hermitage Kids, Main Kids, Main Library, Richland Park
primary_isbn 9780374108236
publishDate 2014
record_details ils:CARL0000443162|Book|Books|1st Edition.|English|Farrar, Straus and Giroux,|2014.|240 pages ; 22 cm., overdrive:47e29a50-67e6-4934-8400-02ffeb266ea5|eAudiobook|Audio Books||English|Dreamscape Media, LLC|2014|
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subject_facet Collecting of accounts, Collection agencies, Consumer credit, Finance, Personal
title_display Bad paper : chasing debt from Wall Street to the underworld
title_full Bad Paper Chasing Debt from Wall Street to the Underworld, Bad paper : chasing debt from Wall Street to the underworld / Jake Halpern
title_short Bad paper :
title_sub chasing debt from Wall Street to the underworld
topic_facet Business, Collecting of accounts, Collection agencies, Consumer credit, Current Events, Finance, Finance, Personal, Nonfiction