ENGLISH

The Banks Did It: An Anatomy of the Financial Crisis

By Neil Fligstein

Book information

Publisher
Harvard University Press
Year
2021
ISBN
9780674259027
DOI
10.4159/9780674259027
Language
english
Format
PDF
Filesize
8 MB (8282478 bytes)
Pages
336\333
Library
degruyter.com
Time added
2023-08-22 08:32:53

Description

To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages—originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the economy.

Similar books