The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash

The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash

    • 16,99 €

    • 16,99 €

Publisher Description

The sub-prime mortgage crisis was only the beginning: a more profound economic and political restructuring was on the way. The astronomical leverage at investment banks with their hedge fund and private equity clients virtually guaranteed massive disruption in global markets. A quarter century of free-market zealotry that extolled asset stripping, abusive lending, and hedge fund secrecy came crashing down with it. Continued denial and concealment caused the crisis to stretch out for years, but financial and government leaders still downplayed the problem. In The Trillion Dollar Meltdown, Charles R. Morris shows how we got into that mess, explaining the arcane financial instruments, the chicanery, the policy misjudgments, the dogmas, and the delusions that created the greatest credit bubble in world history.

GENRE
Business & Personal Finance
NARRATOR
NS
Nick Summers
LANGUAGE
EN
English
LENGTH
05:01
hr min
RELEASED
2008
1 July
PUBLISHER
Phoenix Books, Inc.
SIZE
241.1
MB