All listings for this product
Best-selling in Non-Fiction Books
Save on Non-Fiction Books
- AU $9.86Trending at AU $16.76
- AU $15.64Trending at AU $18.73
- AU $24.98Trending at AU $25.11
- AU $64.07Trending at AU $74.59
- AU $28.70Trending at AU $36.82
- AU $44.96Trending at AU $46.93
- AU $24.80Trending at AU $28.01
About this product
- DescriptionThe clearest explanation yet of how the financial crisis of 2008 developed and why it could happen again In the wake of the financial meltdown in 2008, many claimed that it had been inevitable, that one saw it coming, and that subprime borrowers were to blame. This accessible, thoroughly researched book is Jennifer Taub's response to such unfounded claims. Drawing on wide-ranging experience as a corporate lawyer, investment firm counsel, and scholar of business law and financial market regulation, Taub chronicles how government officials helped bankers inflate the toxic-mortgage-backed housing bubble, then after the bubble burst igred the plight of millions of homeowners suddenly facing foreclosure. Focusing new light on the similarities between the savings and loan debacle of the 1980s and the financial crisis in 2008, Taub reveals that in both cases the same reckless banks, operating under different names, received government bailouts, while the same lax regulators overlooked fraud and abuse. Furthermore, in 2013 the situation is essentially unchanged. The author asserts that the 2008 crisis was t just similar to the S&L scandal, it was a severe relapse of the same underlying disease. And despite modest regulatory reforms, the disease remains uncured: top banks remain too big to manage, too big to regulate, and too big to fail.
- Author BiographyJennifer Taub is a professor at Vermont Law School and formerly an associate general counsel at Fidelity Investments. She lives in Northampton, MA.
- Author(s)J.D. Jennifer S. Taub
- PublisherYale University Press
- Date of Publication01/07/2014
- SubjectFinance & Accounting
- Place of PublicationNew Haven
- Country of PublicationUnited States
- ImprintYale University Press
- Weight735 g
- Width156 mm
- Height235 mm
- Spine28 mm
- Format DetailsCloth over boards
This item doesn't belong on this page.
Thanks, we'll look into this.