Bad paper: chasing debt from Wall Street to the underworld
Author:
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 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"--
"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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Contributors:
ISBN:
9780374108236
9781629238791
9781629238791
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Grouping Information
Grouped Work ID | 9e5a49b1-846e-0866-8083-0a9b0497dd07 |
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Grouping Title | bad paper chasing debt from wall street to the underworld |
Grouping Author | halpern jake |
Grouping Category | book |
Last Grouping Update | 2019-12-04 01:52:29AM |
Last Indexed | 2019-12-10 02:52:04AM |
Solr Details
accelerated_reader_point_value | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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accelerated_reader_reading_level | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
auth_author2 | Marshall, Qarie, | |||||||||||||||||||||||||||||||||||||||||||||||||||||
author | Halpern, Jake. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
author2-role | Marshall, Qarie,narrator. hoopla digital. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
author_display | Halpern, Jake | |||||||||||||||||||||||||||||||||||||||||||||||||||||
detailed_location_catalog | Wright Farms - Adult Nonfiction | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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 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"-- | |||||||||||||||||||||||||||||||||||||||||||||||||||||
format_catalog | Book eAudiobook | |||||||||||||||||||||||||||||||||||||||||||||||||||||
format_category_catalog | Audio Books Books eBook | |||||||||||||||||||||||||||||||||||||||||||||||||||||
id | 9e5a49b1-846e-0866-8083-0a9b0497dd07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
isbn | 9780374108236 9781629238791 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
item_details
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last_indexed | 2019-12-10T09:52:04.509Z | |||||||||||||||||||||||||||||||||||||||||||||||||||||
lexile_score | -1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
literary_form | Non Fiction | |||||||||||||||||||||||||||||||||||||||||||||||||||||
literary_form_full | Non Fiction | |||||||||||||||||||||||||||||||||||||||||||||||||||||
local_callnumber_catalog | T CRIME o | |||||||||||||||||||||||||||||||||||||||||||||||||||||
owning_library_catalog | All Anythink Libraries | |||||||||||||||||||||||||||||||||||||||||||||||||||||
owning_location_catalog | Wright Farms | |||||||||||||||||||||||||||||||||||||||||||||||||||||
primary_isbn | 9780374108236 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
publishDate | 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
record_details
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recordtype | grouped_work | |||||||||||||||||||||||||||||||||||||||||||||||||||||
scoping_details_catalog
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subject_facet | BUSINESS & ECONOMICS / Personal Finance / General Collecting of accounts Collection agencies Consumer credit Finance, Personal HISTORY / United States / 21st Century TRUE CRIME / White Collar Crime | |||||||||||||||||||||||||||||||||||||||||||||||||||||
title_display | Bad paper : chasing debt from Wall Street to the underworld | |||||||||||||||||||||||||||||||||||||||||||||||||||||
title_full | Bad paper : chasing debt from Wall Street to the underworld / Jake Halpern Bad paper : chasing debt from Wall Street to the underworld [electronic resource] / Jake Halpern | |||||||||||||||||||||||||||||||||||||||||||||||||||||
title_short | Bad paper | |||||||||||||||||||||||||||||||||||||||||||||||||||||
title_sub | chasing debt from Wall Street to the underworld | |||||||||||||||||||||||||||||||||||||||||||||||||||||
topic_facet | Collecting of accounts Collection agencies Consumer credit Finance, Personal |