
Reserve it at BN.com & pick it up in 60 minutes at your local store.
Enter a zip code
(Hardcover)
A riveting indictment of those responsible for our current financial mess
Bailout Nation offers one of the clearest looks at the financial lenders, regulators, and politicians responsible for the financial crisis of 2008. Written by Barry Ritholtz, one of today's most popular economic bloggers and a well-established industry pundit, this book skillfully explores how the United States evolved from a rugged independent nation to a soft Bailout Nation-where financial firms are allowed to self-regulate in good times, but are bailed out by taxpayers in bad times.
Entertaining and informative, this book clearly shows you how years of trying to control the economy with easy money has finally caught up with the federal government and how its practice of repeatedly rescuing Wall Street has come back to bite them.
The definitive book on the financial crisis of 2008
Names the villains responsible for this tragedy-from financial regulators to politicians
Shows how each bailout throughout modern history has impacted what happened in the future
Examines why the consumer/taxpayer is left suffering in an economy of bubbles, bailouts, and possible inflation
Scathing, but fair, Bailout Nation is a voice of reason in these uncertain economic times.
More Reviews and RecommendationsBarry Ritholtz is CEO and director of equity research at FusionIQ.com, an online quantitative research firm. He regularly appears as an expert on CNBC, Bloomberg, Fox, and PBS, and he is the author of the topranked financial weblog, The Big Picture, hailed by The Wall Street Journal as “what the in-crowd knows.”
More About the AuthorReader Rating:
See Detailed Ratings
October 25, 2009: This book, in a very compelling and credible way, explains what were the root causes and the events that stemmed from them, that led to to the economic meltdown that struck this country and effected the world financially. From Republican legislaton to Greenspan's Federal Reserve to the fundamental change in how mortgages were handled, this book covers all the angles in a fascinating narrative that exposes all of those who who had a hand in the creation of this crisis. If you really want to find out what happened, then read this book.
Reader Rating:
See Detailed Ratings
June 24, 2009: This book is a good beach read , but certainly no scholarly piece of work .
If you have a few hours to kill , this is the book for you