Age of instability: the global financial crisis and what comes next

Rs.695/-

Introduction; 1 Out of the Ashes; 2 The Rehearsal; 3 Long-Term Capital Mismanagement; 4 No Return to Boom and Bust; 5 Subprime Follies; 6 Banking in the Shadows; 7 Death of the Rock; 8 The Demise of Bear; 9 The Weekend that Changed the World; 10 Battling the Meltdown; 11 Keynes Makes a Comeback; 12 If These Things Were So Large, How Come Everyone Missed Them?; 13 The New Age of Instability; 14 After the Crisis --

Bored with endless grandstanding and people being wise after the event? Then The Age of Instability is the one book you should read on the financial crisis. Setting the near collapse of the international financial markets and banking system in a global and historical context, Sunday Times economics editor and bestselling author David Smith looks not only at the political and economic factors that contributed to the fall of Lehmans, collapse of Iceland and disintegration of the subprime mortgage market but also at the emergence of a culture of risk and greed that made it possible to believe that greed was good and the good times would last forever. It provides an authoritative yet accessible guide to what happened, where, and when with practical suggestions for what needs to happen next.