The Fall of the House of Credit
Author:   Jaime Vaughn
Publisher:   Createspace Independent Publishing Platform
ISBN:  

9781985002357


Pages:   320
Publication Date:   22 November 2017
Format:   Paperback
Availability:   Available To Order   Availability explained
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The Fall of the House of Credit


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Overview

In this book, Jaime Vaughn untangles the complex world of modern banking and examines solutions to the crisis. He shows how the banks misused their ability to securitize loans and, by borrowing short and lending long, exposed themselves to exceptional risks when asset prices started to fall. But it has been above all a collapse in trust and confidence, rather than poor lending decisions, which has fuelled the crisis. Despite all the talk of 'toxic' assets, the book argues that most assets are sound and can be repaid. The imperative is to restore confidence through collective action involving asset purchases, guarantees and recapitalization.

Full Product Details

Author:   Jaime Vaughn
Publisher:   Createspace Independent Publishing Platform
Imprint:   Createspace Independent Publishing Platform
Dimensions:   Width: 21.60cm , Height: 1.70cm , Length: 27.90cm
Weight:   0.744kg
ISBN:  

9781985002357


ISBN 10:   1985002353
Pages:   320
Publication Date:   22 November 2017
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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