The Killing Fields of East New York book summary

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 white collar crime slowly devastated East New York a Brooklyn neighborhood that would come to be known as the Killing Fields. Book The Killing Fields of East New york On a warm summer evening in 1991 seventeen year old 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 Parker s death 62 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. The Killing Fields of East New yorkfield stables 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 low income 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 trying to help and the devastation they would leave in their wake. The Killing Fields of East New yorkky A compulsively readable hybrid of true crimeand investigative journalism The Killing Fields of East New York reveals how white collar crime reduced a prospering neighborhood to abandoned buildings and empty lots Following the dual threads of the hunt for the network of criminals behind the first subprime mortgage scandal and the ensuing downfall of East New York Stacy Horn weaves a compelling narrative of government failure a desperate community and ultimately the largest series of mortgage fraud prosecutions in American history The Killing Fields of East New York deftly demonstrates how different types of crime are profoundly entangled and how the crimes committed in nice suits and corner offices are just as destructive as those committed on the street The Killing Fields of East New York The First Subprime Mortgage Scandal a White Collar Crime Spree and the Collapse of an American NeighborhoodI ve just finished up my seventh non fiction book the Killing Fields of East New York followed by a very long subtitle First I thought I was telling the story of why a particular neighborhood in Brooklyn had the highest number of unsolved murders in New York Then I realized I was also telling the story of white collar crime and how it is destructive than street crime In the end I saw that the core of the story went even deeper and was far terrible The author takes a comprehensive look into how white collar crime surrounding mortgages back in the 70s led to entire neighborhoods becoming crime ridden and ruined It s very informative and in depth Sadly it shows that similar crimes are still going on and not even being prosecuted Hardcover I received a free copy of The Killing Fields of East New York by Stacy Horn from the publisher and Netgalley in exchange for an honest review So many senseless murders and crime in East New York so many crooked people too This book was eye opening for me to see what those poor people went through This is such a great read on how horrible people can be when they become greedy Hardcover This is a chaotic book It took me about a quarter of the book to realize that the author was going back and forth between the FHA scandal and the people buildings in East New York every other chapter. The Killing Fields of East New yorkforge The chapters about East New York was spectacular I loved them I felt like I knew the places and the people It was a hard read with all of the brutal murders the abandoned buildings and even a serial killer. Book The Killing Fields of East New york summary I needed to have a flow sheet a flow graph and a cast of characters to try to keep things people straight It was so dense I still have no idea what the FHA scandal was about Then near the end of the book the sentences were handed out and I was like who is this guy Was this guy mentioned before Overall the author did a poor job of connecting the FHA scandal to the destruction of the neighborhood of East New York She brought up the Broken Windows theory and then dismisses it so she can t tie the abandoned buildings to the heightened crime wave. The Killing Fields of East New York kindle store Further all of a sudden there is a HUGE decrease in murders in the 1990s The FHA scandal was over and it was before the subprime mortgage crisis of the 2008 s So what caused the decrease in murders The author does not mention it. The Killing Fields of East New York pdfescape For this to be a great book there needs to be a full explanation of how the FHA scandal worked Further the author should focus on a handful of the main actors describe their roles within the scam scandal and then follow them through the court procedures Overall a book that left me bewildered Thank you to Netgalley and the publisher for the ARC in exchange for this honest review Hardcover