December 17th, 2013 Wright Brothers Day December 17th, 2013 Pan American Aviation Day December 18th, 2013 International Migrants Day December 19th, 2013 International South-South Cooperation Day December 20th, 2013 International Human Solidarity Day December 21st, 2013 December Solstice December 24th, 2013 Christmas Eve December 25th, 2013 Christmas Day December 26th, 2013 Kwanzaa December 31st, 2013 New Year's Eve January 1st, 2014 New Year's Day January 6th, 2014 Epiphany January 7th, 2014 Orthodox Christmas Day January 13th, 2014 Stephen Foster Memorial Day January 14th, 2014 Orthodox New Year January 14th, 2014 Prophet's Birthday January 16th, 2014 Tu B'Shevat January 17th, 2014 Lee Jackson Day
What Caused The Financial C - Richard A. Posner Jeffrey Friedman (paperback) New For Sale
Powered by Frooition Pro
Click here to view full size.
Full Size Image
Click to close full size.
What Caused the Financial Crisis - Book NEW
Author(s): Jeffrey Friedman, Richard A. Posner
# Pages: 360
Weight: 1.05 pounds
The deflation of the subprime mortgage bubble in 2006-7 is widely agreed to have been the immediate cause of the collapse of the financial sector in 2008. Consequently, one might think that uncovering the origins of subprime lending would make the root causes of the crisis obvious. That is essentially where public debate about the causes of the crisis began—and ended—in the month following the bankruptcy of Lehman Brothers and the 502-point fall in the Dow Jones Industrial Average in mid-September 2008. However, the subprime housing bubble is just one piece of the puzzle. Asset bubbles inflate and burst frequently, but severe worldwide recessions are rare. What was different this time?
In What Caused the Financial Crisis leading economists and scholars delve into the major causes of the worst financial collapse since the Great Depression and, together, present a comprehensive picture of the factors that led to it. One essay examines the role of government regulation in expanding home ownership through mortgage subsidies for impoverished borrowers, encouraging the subprime housing bubble. Another explores how banks were able to securitize mortgages by manipulating criteria used for bond ratings. How this led to inaccurate risk assessments that could not be covered by sufficient capital reserves mandated under the Basel accords is made clear in a third essay. Other essays identify monetary policy in the United States and Europe, corporate pay structures, credit-default swaps, banks' leverage, and financial deregulation as possible causes of the crisis.
With contributions from Richard A. Posner, Vernon L. Smith, Joseph E. Stiglitz, and John B. Taylor, among others, What Caused the Financial Crisis provides a cogent, comprehensive, and credible explanation of why the crisis happened. It will be an essential resource for scholars and students of finance, economics, history, law, political science, and sociology, as well as others interested in the financial crisis and the nature of modern capitalism and regulation.
Payment & Shipping
Welcome to MovieMars
All items are Brand New.
We offer unbeatable prices, quick shipping times and a wide selection second to none.
Purchases come with a 30-day Satisfaction Guarantee (minus Shipping & Handling fees) on all unopened products.
All items are from licensed Distributors. We do not deal with any Bootleg or Used items!
Please visit our store where you'll find these same exact titles for even better prices!!
Payment & Shipping
Accepted Means of Payment
Visa (through PayPal)
MasterCard (through PayPal)
American Express (through PayPal)
Discover (through PayPal)
Shipping & Handling
FREE SHIPPING - Approximate delivery time is 5 to 10 business days (average 5 days). Our products will ship via USPS (US Postal Service). Hawaii and Alaska may take longer. Items may be shipped together. However, we do not offer discounts or reductions if items are packaged together.
Add USPS Delivery Confirmation: $0.49 per item.
$9.99 Flat Fee. Each item for Shipping and Handling (S&H) - Approximate delivery time is 9 to 15 business days. We are not responsible for Customs charges. Items may be shipped together. However, we do not offer discounts or reductions if items are packaged together.
Please allow 1-3 business days for your order to process and ship out. Total delivery time = Processing time + Shipping time (shown above).
Use Checkout to pay for all of your order at one time.
Payment & Shipping
Please contact us through our About Me page if you have any questions
Payment & Shipping
FAQs (Frequently Asked Questions)
All books are BRAND NEW, direct from the publishers.
30 Day Satisfaction Guarantee - All items in which payment cleared within the last 30 days may be sent back to us for a full refund. Return shipping charges as well as original shipping and handling (S&H) charges will not be reimbursed. Refund will be issued by the original method of payment. No exchanges or store credits will be given. Refunds will only be issued for items returned.
Payment for all items must be made within 7 days.
All items are charged separately for Shipping & Handling. Items may be shipped together. However, we do not offer discounts on combined shipping.
NC residents will be charged sales tax.
You May Also Like...
Frooition www.frooition.com | design, store design, shop design, template design, listing design
This listing is currently undergoing maintenance, we apologise for any inconvenience caused.
This item has been shown 7 times.
What Caused The Financial C - Richard A. Posner Jeffrey Friedman (paperback) New: $35