The Financial Crisis of 2008

A History of US Financial Markets 2000-2012

AvBarrie A. Wigmore

Inbunden, Engelska, 2021

Del i serien Studies in Macroeconomic History

474 kr

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Beskrivning

Supported by ten years of research, Wigmore has gathered extensive data covering the 2008 financial crisis and subsequent recovery to provide the first comprehensive history of the period. Financial crises cannot occur unless institutional investors finance the bubbles that created them. Wigmore follows the trail of data putting pressure on institutional investors to achieve higher levels of returns that led to over-leverage throughout the financial system and placed such a burden on recovery. Here is a 'very good picture - and painful reminder - of the crisis' evolution across multiple asset classes, structures, participants, and geographies.' This work serves as a critical analysis of modern portfolio management and an important reference work for financial professionals, academics, investors, and students.

Produktinformation

Utgivningsdatum:2021-11-04
Mått:158 x 235 x 24 mm
Vikt:830 g
Format:Inbunden
Språk:Engelska
Serie:Studies in Macroeconomic History
Antal sidor:450
Förlag:Cambridge University Press
ISBN:9781108837637

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Mer om författaren

Barrie A. Wigmore led Goldman Sachs' corporate finance department serving electric and gas utilities, natural gas pipelines, and telephone companies around the world. He is a trustee of the Metropolitan Museum of Art, a member of the Investment Committee for its $3.5 billion endowment, and Chairman of the Worcester College Oxford Endowment Trust. He is the author of The Crash and Its Aftermath: Securities Markets in the United States 1929–1933 (1986), Securities Markets in the 1980s (1995), and a novel, Morgenthal & Co. The Story of an Important Investment Bank 1972–2010 (2013).

Recensioner i media

'Amazing data. Cogent. This book shines bright new light on many puzzles and controversies, dispenses with some conventional errors, and offers insights for new thinking.' Andrei Shleifer, Harvard University

Innehållsförteckning

Introduction; 1. The Heritage of the Hi-Tech Bubble; 2. The Stretch for Higher Returns 2004–2006; 3. The Impending Storm – 2007; 4. The Crisis – 2008; 5. What Caused the Crisis?; 6. The Initial Obama Administration 2009; 7. Recovery 2010–2012; 8. Epilogue 2012–2016.