Debenhams

Stacy Horn

The Killing Fields of East New York : The First Subprime Mortgage...

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At a Glance
Groundbreaking investigative journalism
True crime meets social history
Exposes 1970s mortgage scandal
Reveals white-collar crime impact
Compulsively readable narrative
Description

In this groundbreaking work of investigative journalism and true crime, Stacy Horn sheds light on how the subprime mortgage scandal of the 1970s and a long history of whitecollar crime slowly devastated East New York, a Brooklyn neighborhood that would come to be known as the Killing Fields.On a warm summer evening in 1991, seventeenyearold Julia Parker was murdered in the Brooklyn neighborhood of East New York. An area known for an exorbitant level of violence and crime, East New York had come to be known as the Killing Fields. In the six months after Julia Parkers death, 62 more people were murdered in the same area. In the early 1990s, murder rates in the neighborhood climbed to the highest in NYPD history. East New York was dying.But how did this once thriving, diverse, family neighborhood fall into such ruin? The answer can be found two decades earlier. In response to redlining and discriminatory housing practices, the Johnson administration passed the Housing and Urban Development Act in 1968. The Federal Housing Authority aimed to use this piece of legislation to help lowincome families of color finally achieve homeownership. But they could never have predicted how banks, lenders, realtors, and corrupt FHA officials themselves would use the newly passed law to make victims of the very people they were supposed to help, and the devastation they would leave in their wake.A compulsively readable hybrid of true crime and investigative journalism, The Killing Fields of...

SKU: M9781638931225
Product Details & Care

Binding: Hardback;320 pages; Publisher: Zando LLC; Classification: BTC; Weight: 640 g; Dimensions: 236 x 162 x 30

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