The Financial Crisis of 2008

'Of the many books on the financial crisis this has an excellent chronology and unique fact pattern. It develops the main themes and causes and supports them with excellent analysis, capturing the period I worked through in a surprisingly readable manner. It is a must read for those in the financial business.' Colm Kelleher, Former CFO and President of Morgan Stanley

Auteur

Barrie A. Wigmore led Goldman Sachs' corporate finance department serving electric and gas utilities, natural gas pipelines, and telephone companies around the world. He is a trustee of the Metropolitan Museum of Art, a member of the Investment Committee for its $3.5 billion endowment, and Chairman of the Worcester College Oxford Endowment Trust. He is the author of The Crash and Its Aftermath: Securities Markets in the United States 1929-1933 (1986), Securities Markets in the 1980s (1995), and a novel, Morgenthal & Co. The Story of an Important Investment Bank 1972-2010 (2013).

Texte du rabat

This must-read for those in the financial business shines new light on puzzles and controversies and dispenses with conventional errors.

Résumé
The first history to explain fully the causes of the 2008 financial crisis. Written by an expert in global finance, it follows the money trails, synthesizes all the available data, and explores the motivations of the many different institutions involved.

Contenu

Introduction; 1. The Heritage of the Hi-Tech Bubble; 2. The Stretch for Higher Returns 2004-2006; 3. The Impending Storm - 2007; 4. The Crisis - 2008; 5. What Caused the Crisis?; 6. The Initial Obama Administration 2009; 7. Recovery 2010-2012; 8. Epilogue 2012-2016.