Titlebook: See No Evil; Uncovering The Truth Erik Banks Book 2011 Palgrave Macmillan, a division of Macmillan Publishers Limited 2011 crisis.drama.Eur

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,Get Ready for the Next One …, for at least several years before that. I’ve mentioned some of the people that got it wrong (along with a very few that got it right), and examined who fell on the sword and who ran for the hills. In the last chapter I’ve also described some of the “fixes” that have either been put in place or prop

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Book 2011The story of the recent global economic crisis is told in the words of the main players in the drama. Including quotes from bankers, rating agencies, housing agencies, regulators, politicians and media figures. Erik Banks‘ latest book shows why we are doomed to experience further financial crises in the future.

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https://doi.org/10.1057/9780230299177crisis; drama; Europe; experience; financial crisis; fuel; future; housing; layers; media; play; Prolog; Rating;

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A Quick Recap,ime. And little wonder – with the quantity of money that was lost during a very short three- year period – between $2 and $3 trillion directly according to estimates from the International Monetary Fund (IMF), plus lots more indirectly – there are lots of questions out there: what, why, who? And, perhaps more importantly, will it happen again?

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The Fannie and Freddie Sinkhole, with Fannie and Freddie, the powerful government-sponsored (and now government-owned) entities at the heart of the housing crisis, and move on to the rating agencies in the next and the regulators, politicians, and lobbyists in the following one.

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