Gretchen Morgenson and Joshua Rosner have written a devastating critique of the public-private partnership that was aimed at putting Americans, including unqualified Americans, into their own homes. This government-sponsored, corporation-endorsed alliance lay at the root of the financial crisis. Their book is timely as the hallowed notion of public-private partnerships--the goodness of which is beyond question in government, academic, policy and even some corporate circles--represents policy makers' ideal for achieving social and political objectives in contemporaryAmerica. Noman says caveat emptor! The story traverses similar territory to that covered by Peter Schweizer's "Architects of Ruin," and Thomas Sowell's "The Housing Boom...