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The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash |  | Author: Charles R. Morris
Publisher: PublicAffairs
Category: Book
List Price: $22.95
Buy New: $3.37
as of 2/8/2012 02:51 EST details
You Save: $19.58 (85%)
New (17) Used (27) from $2.01
Seller: bordeebook
Sales Rank: 395,994
Format: Bargain Price
Media: Hardcover
Edition: First Edition
Pages: 224
Number Of Items: 1
Shipping Weight (lbs): 0.8
Dimensions (in): 8.3 x 5.6 x 0.9
Dewey Decimal Number: 332.04150973
ASIN: B0023RT02W
Publication Date: March 3, 2008
Availability: Usually ships in 1-2 business days
Condition: Unused item in excellent condition. Satisfaction guaranteed.
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| Also Available In:
| • | Hardcover - The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash | | • | Audio CD - The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash | | • | Hardcover - The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash (First Edition) | | • | Paperback - The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash | | • | Hardcover - The Trillion Dollar Meltdown | | • | Paperback - The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash | | • | Kindle Edition - The Two Trillion Dollar Meltdown | | • | Audio CD - The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash |
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Product Description
The sub-prime mortgage crisis is only the beginning: A more profound economic and political restructuring is on its way. We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets. The crash, when it comes, will have no firebreaks. A quarter century of free-market zealotry that extolled asset stripping, abusive lending, and hedge fund secrecy will come crashing down with it. The Trillion Dollar Meltdown explains how we got here, and what is about to happen. After the crash our priorities will be quite different. But things are likely to get worse before they better. Whether you are an active investor, a homeowner, or a contributor to your 401(k) plan, The Trillion Dollar Meltdown will be indispensable to understanding the gross excess that has put the world economy on the brink--and what the new landscape will look like.
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