‘Homewreckers,’ a new book from Reveal reporter Aaron Glantz

In America’s housing crisis, modern-day robber barons make a fortune off the working and middle class – among them Donald Trump and his inner circle.

Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: “I sort of hope that happens because then people like me would go in and buy,” he said.

Our future president wasn’t alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes – their profiteering made even easier because, as Reveal’s Aaron Glantz uncovers, they often used taxpayer money and the Obama administration’s promise to cover their losses.

Glantz’s work on housing and inequality already has been honored with a Peabody Award and named a finalist for the Pulitzer Prize. Now, he’s out with a new book, “Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream.” Published by Custom House, it’s the first major piece of investigative reporting to explain who won when millions of Americans lost everything.

Glantz vividly tells how a group of Wall Street bankers and private equity titans whom he calls the “Homewreckers” – including Trump cabinet members Steve Mnuchin and Wilbur Ross, as well as Trump confidants and funders Steve Schwarzman, Tom Barrack and others – exploited a rigged system in which billions of dollars in wealth was transferred to them from millions of individual homeowners after the real estate bust of the Great Recession. Furthermore, Glantz reveals how many of these same people now are working to weaken the safeguards that were put in place to prevent a similar disaster and how proven programs from our history can be used to create systemic change in favor of the public rather than the Homewreckers.

Special Member Offer

Members who make a donation of $100 or more by October 31st will receive an autographed copy of Aaron Glantz’s new book “Homewreckers.”

Claim your book today!

Meet Aaron Glantz on tour for HOMEWRECKERS

Tuesday, October 15 @ 7pm

Politics & Prose @ The Wharf

In conversation with Sarah Bloom Raskin

70 District Square SW / Washington, DC 20024

Free & open to the public

Thursday, October 17 @ 7pm

Books Inc. (Opera Plaza) in partnership
with KQED

In conversation with Erika Aguilar, KQED’s Housing Affordability Editor

601 Van Ness Avenue / San Francisco, CA 94107

Free & open to the public

Tuesday, October 22 @ 7pm

The Jimmy Carter Presidential Library & Museum in partnership with A Cappella Books

Dorothy Brown, Professor of Law, Emory University

Carter Museum Theatre

441 Freedom Parkway / Atlanta, GA 30307

Free & open to the public

Thursday, October 24 @ 7:30pm

KPCC In Person

In conversation with Matt Tinoco, KPCC housing reporter

The Crawford Family Forum

474 South Raymond Ave / Pasadena, CA 91105

Free & open to the public

Tuesday, October 29 @ 7pm

Book Passage (Corte Madera)

51 Tamal Vista Blvd. / Corte Madera, CA 94925

Free & open to the public

Thursday, November 7 @ 7:30pm

KPFA Special Event in partnership with The Center for Investigative Reporting

In conversation with Kris Welch, host of KPFA’s Talkies

St. John’s Presbyterian Church

2727 College Avenue, Berkeley, CA 94705

* Ticketed event ($12 in advance, link to purchase / $15 at door)

Wednesday, November 13 @ 7pm

Uncle Bobbie’s Coffee & Books

In conversation with Solomon Jones, host of Wake Up with WURD

5445 Germantown Ave / Philadelphia, PA 19144

Free & open to the public