13 Bankers: The Wall Street Takeover and the Next Financial Meltdown
(eAudiobook)

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Published
Tantor Media, Inc., 2010.
ISBN
9781400196845
Status
Available Online

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Physical Description
9h 30m 0s
Format
eAudiobook
Language
English

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Citations

APA Citation, 7th Edition (style guide)

Simon Johnson., Simon Johnson|AUTHOR., James Kwak|AUTHOR., & Erik Synnestvedt|READER. (2010). 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown . Tantor Media, Inc..

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Simon Johnson et al.. 2010. 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. Tantor Media, Inc.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Simon Johnson et al.. 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown Tantor Media, Inc, 2010.

MLA Citation, 9th Edition (style guide)

Simon Johnson, Simon Johnson|AUTHOR, James Kwak|AUTHOR, and Erik Synnestvedt|READER. 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown Tantor Media, Inc., 2010.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work ID6bc90db6-9e25-f61f-ca5f-80468e910386-eng
Full title13 bankers the wall street takeover and the next financial meltdown
Authorjohnson simon
Grouping Categorybook
Last Update2024-03-28 21:59:07PM
Last Indexed2024-03-29 01:45:40AM

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Image Sourcehoopla
First LoadedDec 30, 2023
Last UsedFeb 13, 2024

Hoopla Extract Information

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    [synopsis] => Even after the ruinous financial crisis of 2008, America is still beset by the depredations of an oligarchy that is now bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks, which together control assets amounting to more than 60 percent of the country's gross domestic product, these financial institutions (now more emphatically "too big to fail") continue to hold the global economy hostage, threatening yet another financial meltdown with their excessive risk-taking and toxic "business as usual" practices. How did this come to be-and what is to be done? These are the central concerns of 13 Bankers,  a brilliant, historically informed account of our troubled political economy. In 13 Bankers, prominent economist Simon Johnson and James Kwak give a wide-ranging, meticulous, and bracing account of recent U.S. financial history within the context of previous showdowns between American democracy and Big Finance. They convincingly show why our future is imperiled by the ideology of finance (finance is good, unregulated finance is better, unfettered finance run amok is best) and by Wall Street's political control of government policy pertaining to it.The choice that America faces is stark: whether Washington will accede to the vested interests of an unbridled financial sector that runs up profits in good years and dumps its losses on taxpayers in lean years, or reform through stringent regulation the banking system as first and foremost an engine of economic growth. To restore health and balance to our economy, Johnson and Kwak make a radical yet feasible and focused proposal: reconfigure the megabanks to be "small enough to fail."
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