An engaging look at what led to the financial turmoil we now find ourselves in

Bailout Nation offers one of the clearest looks at the financial lenders, regulators, and politicians responsible for the financial crisis of 2008. Written by Barry Ritholtz, one of today's most popular economic bloggers and a well-established industry pundit, this book skillfully explores how the United States evolved from a rugged independent nation to a soft Bailout Nation-where financial firms are allowed to self-regulate in good times, but are bailed out by taxpayers in bad times.

Entertaining and informative, this book clearly shows you how years of trying to control the economy with easy money has finally caught up with the federal government and how its practice of repeatedly rescuing Wall Street has come back to bite them. The definitive book on the financial crisis of 2008 Names the culprits responsible for this tragedy-from financial regulators to politicians Shows how each bailout throughout modern history has impacted what happened in the future Examines why the consumer/taxpayer is left suffering in an economy of bubbles, bailouts, and possible inflation Ritholtz operates a hugely popular blog, www.ritholtz.com/blog

Scathing, but fair, Bailout Nation is a voice of reason in these uncertain economic times.

Financial heavyweight and industry pundit Ritholtz reveals how the Federal government has rewarded corporations that have taken reckless risks, and explains why the consumer is left suffering in an economy of bubbles, inflation, and a devalued dollar.

Bailout Nation is a scathing expose on the politicians, financial leaders, and regulators responsible for the financial crisis of 2008. Written by Barry Ritholtz, one of today's most popular economic bloggers and media commentators, the book shows how ideology has been turned on its head and how the U.S. has abandoned its capitalistic roots and morphed into Bailout Nation. Ritholtz's rogues gallery of perpetrators and enables includes Alan Greenspan, former Senator Phil Gramm, Presidents Bush and Clinton, Treasury Secretaries Robert Rubin and Larry Summers, the biggest Wall Street firms, the ratings agencies, and Washington regulators. Together these individuals and institutions created a system that allowed banks and financial institutions to operate with little or no effective oversight, reaping the rewards of their success and insuring their failures would be underwritten by taxpayers. Scathing, tough-minded and marked by a tone of outrage, Bailout Nation perfectly matches the public mood and stands alone as a searing indictment of the financial and political establishment.