Ritholtz / Task Bailout Nation

How Greed and Easy Money Corrupted Wall Street and Shook the World Economy
1. Auflage 2009
ISBN: 978-0-470-53598-1
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 360 Seiten, E-Book

An engaging look at what led to the financial turmoil we nowfind ourselves in
Bailout Nation offers one of the clearest looks at thefinancial lenders, regulators, and politicians responsible for thefinancial crisis of 2008. Written by Barry Ritholtz, one of today'smost popular economic bloggers and a well-established industrypundit, this book skillfully explores how the United States evolvedfrom a rugged independent nation to a soft BailoutNation-where financial firms are allowed to self-regulate ingood times, but are bailed out by taxpayers in bad times.
Entertaining and informative, this book clearly shows you howyears of trying to control the economy with easy money has finallycaught up with the federal government and how its practice ofrepeatedly 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 financialregulators to politicians
* Shows how each bailout throughout modern history has impactedwhat happened in the future
* Examines why the consumer/taxpayer is left suffering in aneconomy 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 reasonin these uncertain economic times.

Autoren/Hrsg.

Ritholtz, Barry

Task, Aaron

Weitere Mitwirkende

Fleckenstein, Bill

Inhaltsverzeichnis

Foreword.
Acknowledgments.
Introduction Bailout Nation.
PART I A BRIEF HISTORY OF BAILOUTS.
Chapter 1 A Brief History of Bailouts.
Chapter 2 The Creation of the Federal Reserve, and Its Role inCreating Our Bailout Nation.
Chapter 3 Pre-Bailout Nation (1860-1942).
Chapter 4 Industrial-Era Bailouts (1971-1995).
Intermezzo A Pattern Emerges.
PART II THE MODERN ERA OF BAILOUTS.
Chapter 5 Stock Market Bailouts (1987-1995).
Chapter 6 The Irrational Exuberance Era (1996-1999).
Chapter 7 The Tech Wreck (2000-2003).
Chapter 8 The Backwards, Rate-Driven Economy.
Intermezzo A Brief History of Finance and Credit.
Chapter 9 The Mad Scramble for Yield.
PART III MARKET FAILURE.
Chapter 10 The Machinery of Subprime.
Intermezzo A Memo Found in the Street: Uncle Sam theEnabler.
Chapter 11 Radical Deregulation, Nonfeasance.
Chapter 12 Strange Connections, Unintended Consequences.
Chapter 13 Moral Hazard: Why Bailouts Cause Future Problems.
PART IV BAILOUT NATION.
Chapter 14 2008: Suicide by Democracy.
Chapter 15 The Fall of Bear Stearns.
Chapter 16 Dot-Com Penis Envy.
Chapter 17 Year of the Bailout, Part I: The Notorious AIG.
Chapter 18 The Year of the Bailout, Part II: Too Big toSucceed?
Intermezzo Idiots Fiddle While Rome Burns.
PART V POST-BAILOUT NATION.
Chapter 19 Casting Blame.
Chapter 20 Misplaced Fault.
Chapter 21 The Virtues of Foreclosure.
Chapter 22 Casino Capitalism.
Postscript Advice to a New President.
Notes.
Index.

Über Autor(innen)

Barry Ritholtz operates one of today's most popular economic blogs,www.ritholtz.com/blog/, which has received over 50 million page views since launching. He is the CEO and Director of Equity Research at FusionIQ, an online quantitative research firm. He is a frequent guest on CNBC; a regular guest on Fast Money, Kudlow & Company, and Power Lunch; and author of the popular "Apprenticed Investor" column at TheStreet.com.