Going for Broke: How Banking Mismanagement in the Eighties Lost Billions

Going for Broke: How Banking Mismanagement in the Eighties Lost Billions

by RussellTaylor (Author)

Synopsis

This is the story of the banking excesses of the 1980s, from the viewpoint of an insider involved in merchant banking. As the banks struggle to restore their solvency, taxpayers, customers and shareholders have to shoulder the cost of an extraordinary string of financial disasters. The author offers some hope that current banking losses will not trigger a world depression, as they did in the 1930s, but he does suggest that this new crisis will force banking reform onto the political agenda.

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More Information

Format: Hardcover
Pages: 384
Publisher: Simon & Schuster Ltd
Published: 01 May 1993

ISBN 10: 0671711288
ISBN 13: 9780671711283