||3 of 3 people found the following review helpful.| Institutional Analysis of the Great Financial "Crash"|By Hans G. Despain|This book is a very detailed account of the financial "crash" in the United States in 2007-8, and the ensuing global financial collapse. This book works best as a reference book rather than a coherent and consistently articulated historical theory of financial crisis. It is an impressively comprehensive||'A detailed and careful account of what happened and why in the global financial crisis. Full of facts and astute observations, this is an invaluable reference for anyone seeking to avoid a repeat of that awful experience.' Simon Johnson, MIT Sloan School of
We have just experienced the worst financial crash the world has seen since the Great Depression of the 1930s. While real economies in general did not crash as they did in the 1930s, the financial parts of the economy certainly did, or, at least, came very close to doing so. Hundreds of banks in the United States and Europe have been closed by their supervisory authorities, forcibly merged with stronger partners, nationalized or recapitalized with the tax payers' money....
[PDF.tv61] A Global History of the Financial Crash of 2007-10 Rating: 4.89 (570 Votes)
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