ISBN 9788126528264,Complicit: How Greed And Collusion Made The Credit Crisis Unstoppable

Complicit: How Greed And Collusion Made The Credit Crisis Unstoppable



Times Group Books - New Delhi

Publication Year 2010

ISBN 9788126528264

ISBN-10 8126528265


Number of Pages 192 Pages
Language (English)


Table of Contents: Introduction Bubbles Are For Bathtubs The Real Estate Boom Unsafe at Any Rating CDOs and the Companies that Judged Them Priced For Perfection The Financial Gene Pool Economic Darwinism Couldn't Improve Bubbles, Bubbles Everywhere Global Liquidity's Search for a Profitable Home Judgment or Luck The Profits Banks Couldn't Understand or Protect Against Knight in Rusty Armor An Ill-Advised Rescue Helps Show Banks Just How Much Value Their Collateralized Debt Has Lost The Noose Tightens Frozen Money Markets Confound Central Bankers, Hurt Consumers and Drive Imploding Investments Back onto Bankers' Books Central Banks, Unbalanced Caught Off Guard, the Financial Authorities Make Up the Rules as They Go Along Et Tu, Money Markets and Municipals? The Crunch Catches Vanilla Investments Giants Fall The Credit Crisis Reaches Its Climax Conclusions and Policy Prescriptions Index