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How Greed and Easy Money Corrupted Wall Street and Shook the World Economy
Wiley
June 2009
On Sale: May 26, 2009
332 pages ISBN: 0470520388 EAN: 9780470520383 Hardcover
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Non-Fiction
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.
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