Alchemists of loss : how modern finance and government intervention crashed the financial system /

An engaging look at how modern finance almost destroyed our global economy. Over the last thirty years, capital markets have been restructured through the tenets of modern finance. This has been enormously profitable for the financial services sector. However, these innovations, coupled with unsound...

Full description

Bibliographic Details
Main Author: Dowd, Kevin
Other Authors: Hutchinson, Martin O.
Format: eBook
Language:English
Published: Chichester : Wiley, 2010.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:An engaging look at how modern finance almost destroyed our global economy. Over the last thirty years, capital markets have been restructured through the tenets of modern finance. This has been enormously profitable for the financial services sector. However, these innovations, coupled with unsound risk and regulatory practices have proved disastrous for the global economy. In a clear and accessible style, ex-investment banker and financial journalist Martin Hutchinson, and highly respected academic, Kevin Dowd show how modern finance combined with easy money threatened to bring down the world.
Physical Description:1 online resource (x, 422 pages)
Bibliography:Includes bibliographical references and index.
ISBN:9781119206019
1119206014
9780470972083
0470972084
9780470689967
047068996X