| Title : | The crunch : how greed and incompetence sparked the credit crisis | | Material Type: | printed text | | Authors: | Alex Brummer, Author | | Edition statement: | Updated edition | | Publisher: | London : Random House Business Books | | Publication Date: | 2009 | | Pagination: | xii, 272 p. | | Size: | 20 cm | | ISBN (or other code): | 978-1-84794-009-4 | | Class number: | 339.53 | | Abstract: | In "The Crunch", award-winning journalist Alex Brummer painstakingly traces the course of the crisis from its origins in the US 'subprime' market to the aftermath of its explosion on to the international scene. It's a shocking 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 and to plunge the world into economic turmoil. What's more, as Alex Brummer convincingly argues, we're only just strating to live with the fall-out. | | Contents note: | Preface; Prologue We Want Our Money. When Northern Rock's savers panicked; 1. The Rise and Fall of a Northern Legend. The Rock's rocky history; 2. Mortgaging the Future. The sub-prime bonanza; 3. Pass the Parcel. Banks and Debt Bundling; 4. When the lending stopped. 9 August 2007: The day the markets froze; 5. Aftershock. The implosion at Northern Rock; 6. Asleep at the Wheel. Why the regulators failed; 7. Central Bankers. Who got it right, who got it wrong; 8. Crunch Time. Slamming on the brakes; 9. The Long and Rocky Road. In search of a way forward for Northern Rock; 10. Fall Guys. How the bankers lost their shirts; 11. Painful Lessons. Private greed, public neglect; Epilogue. Galloping Towards Slump. On the Precipice?
Glossary; Select Bibliography; Index. |
The crunch : how greed and incompetence sparked the credit crisis [printed text] / Alex Brummer, Author . - Updated edition . - London : Random House Business Books, 2009 . - xii, 272 p. ; 20 cm. ISBN : 978-1-84794-009-4 | Class number: | 339.53 | | Abstract: | In "The Crunch", award-winning journalist Alex Brummer painstakingly traces the course of the crisis from its origins in the US 'subprime' market to the aftermath of its explosion on to the international scene. It's a shocking 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 and to plunge the world into economic turmoil. What's more, as Alex Brummer convincingly argues, we're only just strating to live with the fall-out. | | Contents note: | Preface; Prologue We Want Our Money. When Northern Rock's savers panicked; 1. The Rise and Fall of a Northern Legend. The Rock's rocky history; 2. Mortgaging the Future. The sub-prime bonanza; 3. Pass the Parcel. Banks and Debt Bundling; 4. When the lending stopped. 9 August 2007: The day the markets froze; 5. Aftershock. The implosion at Northern Rock; 6. Asleep at the Wheel. Why the regulators failed; 7. Central Bankers. Who got it right, who got it wrong; 8. Crunch Time. Slamming on the brakes; 9. The Long and Rocky Road. In search of a way forward for Northern Rock; 10. Fall Guys. How the bankers lost their shirts; 11. Painful Lessons. Private greed, public neglect; Epilogue. Galloping Towards Slump. On the Precipice?
Glossary; Select Bibliography; Index. |
|
Home
The crunch
