Author:
Narrator: Nick Summers
Format: Unabridged-CD
Publisher: Phoenix Audio
Published: Jul 2008
Genre: Business & Economics - Economics
Retail Price: $27.95
The sub-prime mortgage crisis is only the beginning; a more profound economic and political restructuring is on its way. According to Charles R. Morris, the astronomical leverage at investment banks with their hedge fund and private equity clients virtually guarantees massive disruption in global markets. A quarter century of free-market zealotry that extolled asset stripping, abusive lending, and hedge fund secrecy will come crashing down with it. The Trillion Dollar Meltdown explains how we got here, and what is about to happen.