Haven't read it but was on my Bank site and it was advertised..


New Book Explores the Hidden Story Behind Sky-Rocketing Debt in America; 'Up to Our Eyeballs: How Shady Lenders and Failed Economic Policies are Drowning Americans in Debt' by Jose Garcia, James Lardner, and Cindy Zeldin

New Book Explores the Hidden Story Behind Sky-Rocketing Debt in America; 'Up to Our Eyeballs: How Shady Lenders and Failed Economic Policies are Drowning Americans in Debt' by Jose Garcia, James Lardner, and Cindy Zeldin
"A modern classic of financial reporting on the corrupt alliance between predatory lenders and free-market zealots in government ... A well timed and lively guide to the wreckage created by financial deregulation and its destructive effect on both consumers and the broader economy."

-- Robert Kuttner, co-editor of the American Prospect and author of "The Squandering of America"

Eyeballs


NEW YORK--(BUSINESS WIRE)--Amid sky-rocketing credit card debt, depleted home equity, and historically low savings rates, America's households are facing a debt crisis, and many families are on the brink of financial collapse. A new book tells their stories, and describes how failures of politics and policy allowed the financial industry to run amok. "Up to Our Eyeballs: How Shady Lenders and Failed Economic Policies are Drowning Americans in Debt," (Demos/The New Press; April 2008) is a lively and timely exploration of the causes and consequences of the explosive rise in consumer debt, and of the fast-spreading financial and economic crisis.

For research on household debt and industry practices, please visit http://www.demos.org.