Complicit / Bloomberg (PDF)
How Greed and Collusion Made the Credit Crisis Unstoppable
(Sprache: Englisch)
The credit crunch is affecting every investor and every consumer,
every industry and every government program, yet few people truly
understand how it happened. Subprime mortgages have been center
stage, but behind the scenes a conspiracy of greed among...
every industry and every government program, yet few people truly
understand how it happened. Subprime mortgages have been center
stage, but behind the scenes a conspiracy of greed among...
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The credit crunch is affecting every investor and every consumer,
every industry and every government program, yet few people truly
understand how it happened. Subprime mortgages have been center
stage, but behind the scenes a conspiracy of greed among bankers,
investors, rating agencies and regulators has imperiled everyone's
financial future. We need to know what went wrong and how to change
the practices that led to this calamity.
Bloomberg columnist Mark Gilbert shows how Wall Street's
tolerance for extremes made the global credit crunch both
foreseeable and inevitable. He offers a blow-by-blow account of
what went wrong and what lessons need to be learned from the
crisis.
* Gilbert's argument--that everyone with skin in the money
game had a vested interest in pretending that nothing could go
awry--is a well-defended, compelling indictment of the
financial community.
* Gilbert is able to make complex financial events easy to
understand.
* His outlook is truly global: this financial crisis respects no
geographical boundaries, and Gilbert draws on anecdotes and
examples from around the world to make his case.
every industry and every government program, yet few people truly
understand how it happened. Subprime mortgages have been center
stage, but behind the scenes a conspiracy of greed among bankers,
investors, rating agencies and regulators has imperiled everyone's
financial future. We need to know what went wrong and how to change
the practices that led to this calamity.
Bloomberg columnist Mark Gilbert shows how Wall Street's
tolerance for extremes made the global credit crunch both
foreseeable and inevitable. He offers a blow-by-blow account of
what went wrong and what lessons need to be learned from the
crisis.
* Gilbert's argument--that everyone with skin in the money
game had a vested interest in pretending that nothing could go
awry--is a well-defended, compelling indictment of the
financial community.
* Gilbert is able to make complex financial events easy to
understand.
* His outlook is truly global: this financial crisis respects no
geographical boundaries, and Gilbert draws on anecdotes and
examples from around the world to make his case.
Autoren-Porträt von Mark Gilbert
Mark Gilbert, bureau chief for Bloomberg News in London, has been with Bloomberg News since 1991 and has written a regular column on global financial issues since 1998. He spent more than eighteen months warning about the impending credit crisis, later helping readers disentangle its consequences. He frequently appears as a commentator on Bloomberg Television.
Bibliographische Angaben
- Autor: Mark Gilbert
- 2010, 1. Auflage, 192 Seiten, Englisch
- Verlag: John Wiley & Sons
- ISBN-10: 0470883502
- ISBN-13: 9780470883501
- Erscheinungsdatum: 17.05.2010
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- Dateiformat: PDF
- Größe: 1.09 MB
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Sprache:
Englisch
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