The Trillion Dollar Meltdown  -  Charles R. Morris

Easy Money, High Rollers, and the Great Credit Crash

KORTE INHOUD

We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets. The crash, when it comes, will have no firebreaks. A quarter century of free-market zealotry that extolled asset stripping, abusive lending, and hedge fund secrecy will come crashi...
2008 Taal: Engels zie alle details...

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2008 Uitgever: PublicAffairs 256 paginas Taal: Engels ISBN-10: 1586485636 ISBN-13: 9781586485634