Description: Casino Capitalism : How the Financial Crisis Came About and What Needs to Be Done Now, Paperback by Sinn, Hans-Werner, ISBN 0199659885, ISBN-13 9780199659883, Brand New, Free P&P in the UK In Casino Capitalism Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main Street to gamble with real estate properties. He meticulously describes the process of lending to American homeowners and criticizes both the process of securitizing and selling mortgage claims to the world, as well as the poor job rating agencies did in providing transparency. He argues that the American Dream has ended because the world now realizes that this dream was built on loans that are never likely to be repaid.
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Book Title: Casino Capitalism : How the Financial Crisis Came About and What
Number of Pages: 400 Pages
Language: English
Publication Name: Casino Capitalism: How the Financial Crisis Came about and What Needs to Be Done Now
Publisher: Oxford University Press
Publication Year: 2012
Subject: Economics, Finance
Item Height: 233 mm
Item Weight: 584 g
Type: Textbook
Author: Hans-Werner Sinn
Item Width: 164 mm
Format: Paperback
