||1 of 1 people found the following review helpful.| An appropriate title|By David Holroyd|The comparison with the amateur economists who nearly brought the entire US into bankruptcy is quite appropriate. The author describes what went wrong and why it went wrong. He also tells how to prevent it from happening again, although this is probably going to be called "politically impossible."|0 of 0 people found the following review||written with elegance and wit: it sweeps the reader along a tremendously stimulating read, and strong fuel for the reform debate. (Financial World, July/August 2010). ...[an] entertaining new book... (Financial Times, August 2010). a fascinating, troubling re
An engaging look at how modern finance almost destroyed our global economy
Over the last thirty years, capital markets have been restructured through the tenets of modern finance. This has been enormously profitable for the financial services sector. However, these innovations, coupled with unsound risk and regulatory practices have proved disastrous for the global economy.
In a clear and accessible style, ex-investment banker and financial journalist M...
[PDF.tj13] Alchemists of Loss: How modern finance and government intervention crashed the financial system Rating: 4.78 (510 Votes)
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You can specify the type of files you want, for your device.Alchemists of Loss: How modern finance and government intervention crashed the financial system | Martin Hutchinson. I really enjoyed this book and have already told so many people about it!