{"product_id":"financial-crisis-9780745651644","title":"Financial Crisis","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\"Balanced, succinct, authoritative and remarkably comprehensive.\"\u003cbr\u003e\u003ci\u003e\u003cb\u003eThe Times\u003c\/b\u003e\u003c\/i\u003e  \u003cp\u003e \"In this eminently readable account of the current crisis, Howard Davies writes with a wealth of experience.\"\u003cbr\u003e \u003ci\u003e\u003cb\u003eThe Oldie\u003c\/b\u003e\u003c\/i\u003e\u003c\/p\u003e  \u003cp\u003e \"Financial crisis is a many-headed hydra and unravelling its causes a Herculean task. In \u003ci\u003eThe Financial Crisis: Who is to Blame?\u003c\/i\u003e, Howard Davies makes significant progress.\"\u003cbr\u003e\u003ci\u003e\u003cb\u003eTimes Higher Education\u003c\/b\u003e\u003c\/i\u003e\u003c\/p\u003e  \u003cp\u003e \"An admirable summary of issues for normal people who have a life outside finance.\"\u003cbr\u003e\u003ci\u003e\u003cb\u003eEvening Standard\u003c\/b\u003e\u003c\/i\u003e\u003c\/p\u003e  \u003cp\u003e \"Davies' expertise and nuance regarding the crisis shines through and provides a fascinating account of a situation we shall hopefully never see again.\"\u003cbr\u003e\u003ci\u003e\u003cb\u003eBusiness Destinations\u003c\/b\u003e\u003c\/i\u003e\u003c\/p\u003e  \u003cp\u003e \"An excellent primer.\"\u003cbr\u003e \u003ci\u003e\u003cb\u003eFinancial World\u003c\/b\u003e\u003c\/i\u003e\u003c\/p\u003e  \u003cp\u003e \"It's hard to think of anyone better qualified than Howard Davies to evaluate the competing arguments about what caused the worst financial crisis and recession since the 1930s.\" \u003cbr\u003e \u003cb\u003eRobert Peston, Business Editor for BBC News\u003c\/b\u003e\u003c\/p\u003e  \u003cp\u003e \"Davies offers the most comprehensive post-mortem yet of the Great Crisis -- essential reading for those who are trying to fix a still precarious post-crisis world.\"\u003cbr\u003e\u003cb\u003eStephen S. Roach, Chairman‪ of Morgan Stanley Asia \u003c\/b\u003e\u003c\/p\u003e  \u003cp\u003e \"Howard Davies' lucid and panoramic account of the financial crisis and the reasons for it is crisply and entertainingly written. It is a great primer for anyone hoping to understand how a complex set of causes united to lead to the near-collapse of global finance in 2008.\"\u003cbr\u003e\u003cb\u003eJohn Gapper, Associate Editor and Chief Business Commentator, \u003ci\u003eFinancial Times\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eIntroduction.  \u003cp\u003e\u003cb\u003eA - The Big Picture.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Frankenstein's monster: The end of Laissez-faire capitalism.\u003c\/p\u003e \u003cp\u003e2 The rich get richer - the poor borrow.\u003c\/p\u003e \u003cp\u003e3 The savings glut - global imbalances.\u003c\/p\u003e \u003cp\u003e4 Too loose for too long - US monetary policy.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eB - The Trigger.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5 Minsky's Moment.\u003c\/p\u003e \u003cp\u003e6 The sub-prime collapse - a failure of government?\u003c\/p\u003e \u003cp\u003e\u003cb\u003eC - The Failures of Regulation.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7 A capital shortage.\u003c\/p\u003e \u003cp\u003e8 Procyclicality.\u003c\/p\u003e \u003cp\u003e9 The Canary in the Coal Mine: off-balance sheet vehicles.\u003c\/p\u003e \u003cp\u003e10 The taxi at the station: liquidity.\u003c\/p\u003e \u003cp\u003e11 The Blind Mind and The Elephant: US Regulation.\u003c\/p\u003e \u003cp\u003e12 SEC- RIP?\u003c\/p\u003e \u003cp\u003e13 Financial Weapons of Mass Destruction: Derivatives.\u003c\/p\u003e \u003cp\u003e14 Federal Mortgage Regulation.\u003c\/p\u003e \u003cp\u003e15 Casino banking : the end of the Glass-Steagall Act.\u003c\/p\u003e \u003cp\u003e16 Too big to fail.\u003c\/p\u003e \u003cp\u003e17 Lighting the Touchpaper: Light touch regulation.\u003c\/p\u003e \u003cp\u003e18 There were three people in the marriage: UK regulation.\u003c\/p\u003e \u003cp\u003e19 Lack of Coordination.\u003c\/p\u003e \u003cp\u003e20 Paradise lost: offshore centres.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eD - Accountants, auditors and rating agencies.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e21 Shoot the Messenger: fair value accounting.\u003c\/p\u003e \u003cp\u003e22 Tunnel Vision: the auditors.\u003c\/p\u003e \u003cp\u003e23 Conflicts of interest: credit rating agencies.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eE - Financial Firms and Markets.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e24 Breaking the chain: originate to distribute.\u003c\/p\u003e \u003cp\u003e25 Too complex to trade: derivatives.\u003c\/p\u003e \u003cp\u003e26 Disaster Myopia: risk management.\u003c\/p\u003e \u003cp\u003e27 The Roach Motel: corporate governance.\u003c\/p\u003e \u003cp\u003e28 Blankfein's bonus: pay and incentives.\u003c\/p\u003e \u003cp\u003e29 The Vampire Squid.\u003c\/p\u003e \u003cp\u003e30 A plague of locusts: hedge funds.\u003c\/p\u003e \u003cp\u003e31 Short Selling.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eF - Economics and Finance Theory.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e32 The death of economics.\u003c\/p\u003e \u003cp\u003e33 Inefficient markets.\u003c\/p\u003e \u003cp\u003e34 An ethics-free zone: business schools.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eG - Wild Cards.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e35 The watchdog didn't bark: the media.\u003c\/p\u003e \u003cp\u003e36 Greed is bad.\u003c\/p\u003e \u003cp\u003e37 Lara Croft: video games.\u003c\/p\u003e \u003cp\u003e38 Hormones.\u003c\/p\u003e \u003cp\u003eAnd Finally.\u003c\/p\u003e \u003cp\u003e39 A combustible mixture.\u003c\/p\u003e","brand":"John Wiley and Sons Ltd","offers":[{"title":"Default Title","offer_id":49526996992343,"sku":"9780745651644","price":17.09,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780745651644.jpg?v=1731866168","url":"https:\/\/bookcurl.com\/products\/financial-crisis-9780745651644","provider":"Book Curl","version":"1.0","type":"link"}