Screen LibraryCapitalism without capital
This book examines the banking crisis of July/August 2007 and its ensuing after-effects in 2008-2009: economic crisis, credit crunch, massive recapitalization of some banks and nationalization of other banks. The author offers his views on the factors which led to this global financial catastrophe a...
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| Literature type: | Electronic Software eBook |
| Language: | English |
| Series: |
Palgrave Macmillan studies in banking and financial institutions. |
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| Online Access: |
http://www.palgraveconnect.com/doifinder/10.1057/9780230251021 |
| Summary: |
This book examines the banking crisis of July/August 2007 and its ensuing after-effects in 2008-2009: economic crisis, credit crunch, massive recapitalization of some banks and nationalization of other banks. The author offers his views on the factors which led to this global financial catastrophe and how it could have been avoided. |
| Item Description: |
Electronic book text. Originally published in: 2009. |
| Carrier Form: | 304 p. : 14 figures, 3. |
| ISBN: |
9780230233461 9780230251021 : 0230251021 : |
| CLC: | F831.59 |
| Contents: | List of Tables and Figures Preface PART I: MONEY The Destruction of the American Dream Macroeconomic Crises Money Supply and Inflation The Cost of Money PART II: DEBT Leverage Can Be Highly Counterproductive Asset Allocation, Credit Regulation and Banking Supervision PART III: CASE STUDIES Household Debt and the Housing Markets Debacle Mea Culpa and the Abuse of Virtual Economy's Freedoms The G-20 Conference, Central Banks and Garbage Collection Trillion of Dollars, Euros and Pounds Thrown at the Problem Notes Bibliography Index. |