The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. Bringing together three leading financial economists to provide an international perspe…
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This is a broad analysis of why banks failed, or nearly failed, in the G-10 countries during the volatile years since 1980s. It also looks at what governments should do now to solve the ever-growing problem of failures.
Reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank's history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, the author shows how in the 1…