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The Crunch: The Scandal of Northern Rock and the Escalating Cred
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- Book Title
- The Crunch: The Scandal of Northern Rock and the Escalating Cred
- UPC
- 9781847940087
- ISBN
- 9781847940087
- EAN
- 9781847940087
- Publication Year
- 2008
- Type
- Textbook
- Format
- Paperback
- Language
- English
- Publication Name
- The Crunch
- Publisher
- Cornerstone
- Subject
- Government, Finance
- Item Weight
- 342g
- Number of Pages
- 256 Pages
關於產品
Product Information
On 9 August 2007 France's largest bank announced that it had had to suspend trading in two huge investment funds it controlled. The same day three German banks revealed that they were close to collapse. A few days later came the first run on a British bank since the 1860s as vast queues of worried investors besieged Northern Rock. Within weeks, the Government were being forced to bail out this previously little-known bank to the tune of o30 billion, share prices in other mortgage lenders were plummeting, and alarming news about the state of several of the biggest US banks was crossing the Atlantic. What lay behind this series of crippling disasters? In The Crunch, award-winning journalist Alex Brummer painstakingly traces the course of the crisis from its origins in the US 'subprime' market to its explosion on to the international scene. It's a story of greed, mismanagement and dithering in which bankers seeking to make a quick buck, regulators engaged in turf wars and blame-avoidance, and governments paralysed by the sheer scale of the problem all conspired to bring the banking system almost to its knees. It's also a story of victims- the 1.5 million people in the US who have al
Product Identifiers
Publisher
Cornerstone
ISBN-13
9781847940087
eBay Product ID (ePID)
94648678
Product Key Features
Publication Name
The Crunch
Format
Paperback
Language
English
Subject
Government, Finance
Publication Year
2008
Type
Textbook
Number of Pages
256 Pages
Dimensions
Item Weight
342g
Additional Product Features
Country/Region of Manufacture
United Kingdom
賣家提供的物品說明
商業賣家資料
增值稅識別編號：
- GB 724498118
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