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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.
 Media BuzzMarketplace - PRI - October 24, 2009 Marketplace - PRI - May 27, 2009
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