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Excellent overview of America's history of bailouts since the creation of the Federal Reserve, focusing on the most recent financial crisis. Lots of excellent information and perspective heavily sprinkled with references.
If you want to understand the conditions that developed and why to cause the financial crisis in 2008, then this is the must-read book for you.
The author, Barry Ritholtz, blogs at The Big Picture blog, which has been recognized as an excellent financial blog. http://www.ritholtz.com/blog/
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Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy by Barry Ritholtz
Reader of The Big Picture, January 1, 2010
Excellent overview of America's history of bailouts since the creation of the Federal Reserve, focusing on the most recent financial crisis. Lots of excellent information and perspective heavily sprinkled with references.If you want to understand the conditions that developed and why to cause the financial crisis in 2008, then this is the must-read book for you.
The author, Barry Ritholtz, blogs at The Big Picture blog, which has been recognized as an excellent financial blog. http://www.ritholtz.com/blog/