Why Too Big To Fail?: How the regulatory system failed the American people. - Couverture souple

Bonnick, Kaye

 
9781449054366: Why Too Big To Fail?: How the regulatory system failed the American people.

Synopsis

By November 2009, 120 banks had failed since the start of the year, unemployment was at 10.2%, a twenty six year high, and the government had invested billions of tax dollars in failing financial institutions that were deemed "Too Big to Fail" WHY? What made them too big to fail and why did the government bail them out? Was this a necessary evil or just plain evil? This book takes an important look back at the amazing legislative and financial events that created these "monstrosities" and lead to the financial crisis of 2008/09.

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Présentation de l'éditeur

By November 2009, 120 banks had failed since the start of the year, unemployment was at 10.2%, a twenty six year high, and the government had invested billions of tax dollars in failing financial institutions that were deemed "Too Big to Fail" WHY? What made them too big to fail and why did the government bail them out? Was this a necessary evil or just plain evil? This book takes an important look back at the amazing legislative and financial events that created these "monstrosities" and lead to the financial crisis of 2008/09.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.