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Alchemists of Loss

How modern finance and government intervention crashed the financial system

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Éditeur :

Wiley


Paru le : 2010-04-27



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Description

An engaging look at how modern finance almost destroyed our global economy
Over the last thirty years, capital markets have been restructured through the tenets of modern finance. This has been enormously profitable for the financial services sector. However, these innovations, coupled with unsound risk and regulatory practices have proved disastrous for the global economy.
In a clear and accessible style, ex-investment banker and financial journalist Martin Hutchinson, and highly respected academic, Kevin Dowd show how modern finance combined with easy money threatened to bring down the world financial system. At the heart of the book is modern finance as a U.S. invention, the theories and practices associated with them, and the changes they made in business models and risk management on Wall Street and other major financial centers. Breaks down the events involved in the 2007-08 financial collapse Reveals how botched policy response made a bad situation worse Focuses on lessons that the practice of finance must learn from recent events
The Alchemists of Loss will help you to understand how our financial system crashed and show you what it will take to make sure this won't happen again as we move forward.
Pages
432 pages
Collection
n.c
Parution
2010-04-27
Marque
Wiley
EAN papier
9780470689158
EAN PDF
9780470972083
Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
432
Taille du fichier
2386 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
26,38 €
EAN EPUB
9780470689967
Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
432
Taille du fichier
758 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
26,38 €

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