Read Financing Failure: A Century of Bailouts by Vern McKinley Online

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Probably no issue during the most recent financial crisis aroused more passion than financial institution bailouts. Focusing on the policymaking behind the decisions to bail out these institutions—not just during the most recent crisis, but also throughout history—this account argues that the genesis of financial crisis lies in government policy, whether in the mismanagemeProbably no issue during the most recent financial crisis aroused more passion than financial institution bailouts. Focusing on the policymaking behind the decisions to bail out these institutions—not just during the most recent crisis, but also throughout history—this account argues that the genesis of financial crisis lies in government policy, whether in the mismanagement of monetary policy during the 1930s or in the extraordinary push of consumers into homeownership leading up to the current crisis. This detailed analysis is an essential read in order to understand why the United States has become so reliant on such interventions....

Title : Financing Failure: A Century of Bailouts
Author :
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ISBN : 9781598130539
Format Type : Hardcover
Number of Pages : 400 Pages
Status : Available For Download
Last checked : 21 Minutes ago!

Financing Failure: A Century of Bailouts Reviews

  • Jean Adelson
    2019-03-08 02:45

    Vern and I were on a FOIA lawsuit against the Fed and FDIC, trying to find out their logic for bailing out AIG but not Lehman. He has an exceptional talent for reading redacted emails and making sense of them. He researched this book in great detail and provided many parallels between the Great Depression and the subprime crisis. It is one of the few books about the recent crisis that gets it right.