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In The Crunch award-winning journalist Alex Brummer painstakingly traces the course of the crisis from its origins in the US 'subprime' market to its explosion on to the international scene. It's a story of greed mismanagement and dithering in which bankers seeking to make a quick buck regulators engaged in turf wars and blame-avoidance and governments paralysed by the sheer scale of the problem all conspired to bring the banking system almost to its knees. It's also a story of victims: the millions of people in the US who have already been thrown out of their houses the entire population of the UK who have been co-opted to guarantee Northern Rock with 30 billion of public money borrowers everywhere who are now finding credit more expensive and harder to get. And as Alex Brummer convincingly argues now that recession looms this is only the beginning.
In The Crunch award-winning journalist Alex Brummer painstakingly traces the course of the crisis from its origins in the US 'subprime' market to its explosion on to the international scene. It's a story of greed mismanagement and dithering in which bankers seeking to make a quick buck regulators engaged in turf wars and blame-avoidance and governments paralysed by the sheer scale of the problem all conspired to bring the banking system almost to its knees. It's also a story of victims: the millions of people in the US who have already been thrown out of their houses the entire population of the UK who have been co-opted to guarantee Northern Rock with 30 billion of public money borrowers everywhere who are now finding credit more expensive and harder to get. And as Alex Brummer convincingly argues now that recession looms this is only the beginning.
| Erscheinungsjahr: | 2009 |
|---|---|
| Fachbereich: | Wirtschaftsratgeber |
| Genre: | Importe, Wirtschaft |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Taschenbuch |
| ISBN-13: | 9781847940094 |
| ISBN-10: | 1847940099 |
| Sprache: | Englisch |
| Einband: | Kartoniert / Broschiert |
| Autor: | Brummer, Alex |
| Hersteller: | Random House Business |
| Verantwortliche Person für die EU: | Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de |
| Maße: | 198 x 129 x 17 mm |
| Von/Mit: | Alex Brummer |
| Erscheinungsdatum: | 01.01.2009 |
| Gewicht: | 0,346 kg |
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