by Bill Penman Brown (Author)
A detailed but plain language analysis of the credit crises of 2007/8 the Northern Rock situation and the collapse of other banks in the UK, USA and Europe. The book explains the part played by sub-prime mortgages and derivatives/securitisation, both of which were at the heart of the financial crises. The Decline and Fall of Banking deals with financial regulation and intervention by governments together with the role played by credit rating agencies and credit insurers.
Format: Hardcover
Pages: 464
Publisher: Matador
Published: 06 Aug 2009
ISBN 10: 1848761465
ISBN 13: 9781848761469