Financial Shock Global Panic and Government Bailouts - How We Got Here and What Must Be Done to Fix It

ISBN-10: 0137016638
ISBN-13: 9780137016631
Edition: 2nd 2009 (Revised)
Authors: Mark Zandi
List price: $26.99 Buy it from $3.00
eBook available
30 day, 100% satisfaction guarantee

If an item you ordered from TextbookRush does not meet your expectations due to an error on our part, simply fill out a return request and then return it by mail within 30 days of ordering it for a full refund of item cost.

Learn more about our returns policy

Description: The subprime crisis and the global financial panic it triggered will impact every one of us profoundly, for years, and perhaps even decades. What happened? And how can we prevent it from happening again? InFinancial Shock, Revised and Expanded  More...

Used Starting from $14.55
eBooks Starting from $21.99
Buy
what's this?
Rush Rewards U
Members Receive:
coins
coins
You have reached 400 XP and carrot coins. That is the daily max!
You could win $10,000

Get an entry for every item you buy, rent, or sell.

Study Briefs

Limited time offer: Get the first one free! (?)

All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.

Add to cart
Study Briefs
Periodic Table Online content $4.95 $1.99
Add to cart
Study Briefs
Business Ethics Online content $4.95 $1.99
Add to cart
Study Briefs
Business Law Online content $4.95 $1.99

Customers also bought

Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading

Book details

List price: $26.99
Edition: 2nd
Copyright year: 2009
Publisher: FT Press
Publication date: 4/15/2009
Binding: Paperback
Pages: 304
Size: 6.00" wide x 9.00" long x 0.75" tall
Weight: 0.880
Language: English

The subprime crisis and the global financial panic it triggered will impact every one of us profoundly, for years, and perhaps even decades. What happened? And how can we prevent it from happening again? InFinancial Shock, Revised and Expanded Edition,Dr. Mark Zandi answers these questions: thoroughly, carefully, and in plain English. This new edition has been systematically updated for the latest events, with insights into the dynamics of the worldwide Fall 2008 financial collapse, the freezing of credit markets, the extraordinary actions governments have taken in response, and the massive economic fallout. Zandi begins with a fast-paced "history" of the crisis: where it started, how it spread, and the damage it has caused. Next, he illuminates its deepest causes, ranging from the psychology of homeownership to Alan Greenspan's missteps, Internet technology to state-of-the-art financial engineering. After surveying the wreckage, Zandi previews the radically different financial system that is likely to emerge next, and offers more detailed and specific recommendations for policymakers and regulators. Along the way, readers will gain indispensable insights for protecting their own futures, managing their own investments, and navigating their organizations to safety.

Dr. Mark Zandi is chief economist and cofounder of Moody's Economy.com, an independent subsidiary of Moody's that provides economic research and consulting services to businesses, governments, and other institutions. His recent research has included studying determinants of mortgage foreclosure and personal bankruptcy; analyzing economic impacts of tax and government spending policies; and assessing policy responses to bubbles in asset markets. He has appeared on NBC's Meet the Press, NBC News, CBS News, CNN, CNBC, and has served as an economic advisor to John McCain's presidential campaign and the Obama administration. Zandi holds a Ph.D. from the University of Pennsylvania where he did research with Gerard Adams and Nobel Laureate Lawrence Klein.

Acknowledgments
About the Author
Introduction
Subprime Precis
Sizing Up Subprime
Everyone Should Own a Home
Chairman Greenspan Counts on Housing
Global Money Men Want a Piece
Bad Lenders Drive Out the Good
Financial Engineers and Their Creations
Home Builders Run Aground
As the Regulatory Cycle Turns
Boom, Bubble, Bust, and Crash
Credit Crunch
Timid Policymakers Turn Bold
Economic Fallout
Back to the Future
Endnotes
Index

×
Free shipping on orders over $35*

*A minimum purchase of $35 is required. Shipping is provided via FedEx SmartPost® and FedEx Express Saver®. Average delivery time is 1 – 5 business days, but is not guaranteed in that timeframe. Also allow 1 - 2 days for processing. Free shipping is eligible only in the continental United States and excludes Hawaii, Alaska and Puerto Rico. FedEx service marks used by permission."Marketplace" orders are not eligible for free or discounted shipping.

Learn more about the TextbookRush Marketplace.

×