Sheila Bair
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"Princess Persephone was cold in her castle on freezing Ganymede. So, when Aluminum Jim came calling to sell her tin sheets to nail onto the exterior walls to keep out the cold, Persephone was only to happy to agree to a loan, and sign the contract without reading it. What could she do when the tin sheets didn't work, she couldn't repay the loan, and Jim claimed the castle?"--
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Billy wants the nice things that his friends have: an umbrella for when it rains, a solar-powered fan, a purple-striped wig, neon-green shoes, and an anchovy grill. But he can't pay back the loan that he took from Selling Seal to pay for everything. What will happen?
5) Shark scam
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Two sharks convince giant tortoise Arlene to invest in their business, and Arlene takes the bait but soon finds out it was a Ponzi scheme. Includes information on Ponzi schemes.
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Animals hoping to make an easy profit on a price bubble find out what happens when supply catches up to demand.
After Arlene the giant tortoise walks down the aisle wearing a crown of daisies, everyone wants some of the beautiful blooms for themselves. Florists sell out quickly, but Sly Seal has a daisy stash that allows him to drive up the price. Soon his customers start buying flowers from each other at even higher markups, hoping to sell them...
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Princess Persephone means well when she orders the Money Wizards to conjure more cash for the people of Ganymede, but the result is the opposite of what she wants or expects.
Princess Persephone wants her friends to come along on the summer vacation of her dreams, but they can't afford tickets. No problem! She can just tell Ganymede's Money Wizards to print more bills. Though a wizard explains that doing so could lead to price hikes, Persephone insists....
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This book will address and answer the key questions...What's a zombie bank? When losses of a financial institution exceed its paid-in capital, it's insolvent. Thanks to systemic deregulation in the last 30 years and cheap credit availability, banks in the U.S. and Europe borrowed more and more on a thin layer of equity, funding the explosive growth of their housing markets through securitized mortgages and piled many of the mortgage-related securities...
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"In 2008, America went through a terrible financial crisis, and we are still suffering the consequences. Families lost their homes, had to give up their pets, and struggled to pay for food and medicine. Businesses didn't have money to buy equipment or hire and pay workers. Millions of people lost their jobs and their life savings. More than 100,000 businesses went bankrupt ... [Former FDIC chairman Bair] describes the many ways in which a broken system...