The Banks Did It : An Anatomy of the Financial Crisis
Book Details
Format
Hardback or Cased Book
ISBN-10
0674249356
ISBN-13
9780674249356
Publisher
Harvard University Press
Imprint
Harvard University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jun 1st, 2021
Print length
336 Pages
Weight
638 grams
Dimensions
16.50 x 24.40 x 3.40 cms
Product Classification:
Social issues & processesPopular economicsEconomic historyPublic financeBanking
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To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages—originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the economy.
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