Description:Years after the economic crisis of the late 2000s, Americans still want to know what went wrong and why. "Black Box Casino: How Wall Street's Risky Shadow Banking Crashed Global Finance" provides an accurate and understandable explanation, compiling and interpreting mountains of evidence to provide clear analysis and insight into the crisis that traumatized people and institutions around the globe.The book provides a thorough, in-depth examination of the multiple contributing factors. The author goes back as far as 15 years before the crisis to show how the well-intentioned idea of providing home ownership prompted a government led effort to steadily weaken credit standards. He assigns partial blame on regulators that were unaware of growing levels of risk, ignored mounting evidence of a housing bubble, and failed to grasp the unintended consequences of certain regulations. The origins of the overload of subprime collateralized debt obligations that led to concentrated risks on the balance sheets of many large banks around the world are also explained.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Black Box Casino: How Wall Street's Risky Shadow Banking Crashed Global Finance: How Wall Street's Risky Shadow Banking Crashed Global Finance. To get started finding Black Box Casino: How Wall Street's Risky Shadow Banking Crashed Global Finance: How Wall Street's Risky Shadow Banking Crashed Global Finance, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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PDF, EPUB & Kindle Edition
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ISBN
0313392900
Black Box Casino: How Wall Street's Risky Shadow Banking Crashed Global Finance: How Wall Street's Risky Shadow Banking Crashed Global Finance
Description: Years after the economic crisis of the late 2000s, Americans still want to know what went wrong and why. "Black Box Casino: How Wall Street's Risky Shadow Banking Crashed Global Finance" provides an accurate and understandable explanation, compiling and interpreting mountains of evidence to provide clear analysis and insight into the crisis that traumatized people and institutions around the globe.The book provides a thorough, in-depth examination of the multiple contributing factors. The author goes back as far as 15 years before the crisis to show how the well-intentioned idea of providing home ownership prompted a government led effort to steadily weaken credit standards. He assigns partial blame on regulators that were unaware of growing levels of risk, ignored mounting evidence of a housing bubble, and failed to grasp the unintended consequences of certain regulations. The origins of the overload of subprime collateralized debt obligations that led to concentrated risks on the balance sheets of many large banks around the world are also explained.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Black Box Casino: How Wall Street's Risky Shadow Banking Crashed Global Finance: How Wall Street's Risky Shadow Banking Crashed Global Finance. To get started finding Black Box Casino: How Wall Street's Risky Shadow Banking Crashed Global Finance: How Wall Street's Risky Shadow Banking Crashed Global Finance, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.