The trillion dollar meltdown :
by Morris, Charles R. frey50
Edition statement:1st ed. Published by : PublicAffairs, (New York :) , 2008 Physical details: xviii, 194 p.; 22 cm. ISBN:9781586485634 (hbk.); 1586485636 (hbk.).| Item type | Current location | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|
| 300 - 399 | Book Cart | 332.04150973 Mor (Browse shelf) | Available | 92076 |
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| 332.02402 Has The dollar code : | 332.02402 Pon Safe money in tough times : | 332.024042 Bac Smart women finish rich : | 332.04150973 Mor The trillion dollar meltdown : | 332.109730904 Pri All the presidents' bankers | 332.110973 Gre Secrets of the temple: how the federal reserve runs the country | 332.110973 Leo The lords of easy money |
Foreword -- ch. 1. The death of liberalism -- ch. 2. Wall Street finds religion -- ch. 3. Bubble land : practice runs -- ch. 4. A wall of money -- ch. 5. A tsunami of dollars -- ch. 6. The great unwinding -- ch. 7. Winners and losers -- ch. 8. Recovering balance -- Notes -- Index -- About the author.
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 crashing down with it. The Trillion Dollar Meltdown explains how we got here, and what is about to happen.