13 Bankers: The Wall Street Takeover and the Next Financial Meltdown by Johnson, Simon
13 Bankers: The Wall Street Takeover and the Next Financial Meltdown by Johnson, Simon

13 Bankers: The Wall Street Takeover and the Next Financial Meltdown

In spite of its key role in creating the ruinous financial crisis of 2008, the American banking...
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SKU: 9780307476609
Product Type: Books
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Author: Simon Johnson
Format: Paperback
Language: English
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13 Bankers: The Wall Street Takeover and the Next Financial Meltdown by Johnson, Simon

13 Bankers: The Wall Street Takeover and the Next Financial Meltdown

$40.65
13 Bankers: The Wall Street Takeover and the Next Financial Meltdown by Johnson, Simon

13 Bankers: The Wall Street Takeover and the Next Financial Meltdown

$40.65
Author: Simon Johnson
Format: Paperback
Language: English
Description
In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country's gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes.

Updated, with additional analysis of the government's recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.

Author: Simon Johnson, James Kwak
Publisher: Vintage
Published: 01/11/2011
Pages: 336
Binding Type: Paperback
Weight: 0.55lbs
Size: 8.00h x 5.10w x 0.80d
ISBN: 9780307476609


Review Citation(s):
New York Times Book Review 01/05/2011 pg. 20

About the Author

Simon Johnson is Ronald A. Kurtz Professor of Entrepreneurship at MIT's Sloan School of Management and a senior fellow of the Peterson Institute for International Economics. He is coauthor, with James Kwak, of The Baseline Scenario, a leading economic blog, described by Paul Krugman as "a must-read" and by Bill Moyers as "one of the most informative news sites in the blogosphere."

James Kwak is an Associate Professor at the University of Connecticut School of Law. He previously co-founded Guidewire Software.

Visit the authors' blog at baselinescenario.com.




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