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Broken Bargain
- Bankers, Bailouts, and the Struggle to Tame Wall Street
Af: Kathleen Day
Engelsk Hardback
Se mere i:
Broken Bargain
- Bankers, Bailouts, and the Struggle to Tame Wall Street
Af: Kathleen Day
Engelsk Hardback
Hardback
381 kr
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6 - 8 hverdage
Om denne bog
A history of major financial crises—and how taxpayers have been left with the bill In the 1930s, battered and humbled by the Great Depression, the U.S. financial sector struck a grand bargain with the federal government. Bankers gained a safety net in exchange for certain curbs on their freedom: transparency rules, record-keeping and antifraud measures, and fiduciary responsibilities. Despite subsequent periodic changes in these regulations, the underlying bargain played a major role in preserving the stability of the financial markets as well as the larger economy. By the free-market era of the 1980s and 90s, however, Wall Street argued that rules embodied in New Deal–era regulations to protect consumers and ultimately taxpayers were no longer needed—and government agreed.   This engaging history documents the country’s financial crises, focusing on those of the 1920s, the 1980s, and the 2000s, and reveals how the two more recent crises arose from the neglect of this fundamental bargain, and how taxpayers have been left with the bill.
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Product detaljer
Sprog:
Engelsk
Sider:
440
ISBN-13:
9780300223323
Indbinding:
Hardback
Udgave:
ISBN-10:
0300223323
Kategori:
Udg. Dato:
12 feb 2019
Længde:
31mm
Bredde:
243mm
Højde:
167mm
Forlag:
Yale University Press
Oplagsdato:
12 feb 2019
Forfatter(e):
Kategori sammenhænge