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portada 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown
Type
Physical Book
Year
2011
Language
English
Pages
336
Format
Paperback
Weight
0.55
ISBN13
9780307476609
Categories

13 Bankers: The Wall Street Takeover and the Next Financial Meltdown

Simon Johnson; James Kwak (Author) · Random House Lcc Us · Paperback

13 Bankers: The Wall Street Takeover and the Next Financial Meltdown - Simon Johnson; James Kwak

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Synopsis "13 Bankers: The Wall Street Takeover and the Next Financial Meltdown"

In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes.  Updated, with additional analysis of the government’s recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.

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