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The Quartet and Large Systemic Financial Crises
Verlag:
Newman Springs, 2020
ISBN 10: 1648018521
ISBN 13: 9781648018527
Gebraucht
Softcover
Erstausgabe
Signiert
Anbieter: Michael Patrick McCarty, Bookseller, New Castle, CO, USA
Verkäuferbewertung 5 von 5 Sternen
Softcover. Zustand: Like New. First Edition. Signature on title page, and with brief gift inscription by author on dedication page, and on a laid in sheet. Signed copies rarely offered. R. Dan Brumbaugh Jr. is a Senior Fellow at the Milken Institute, a think tank founded by Michael Milken. Brumbaugh has held positions of president and CEO of Independence Savings and Loan and deputy chief economist at the Federal Home Loan Bank Board. In the past forty years, two financial crises in the United States have threatened economic stability worldwide. Through miraculous good luck, seven individuals directed the resolution of the crises. Four comprise the quartet that resolved the second crisis, and three directed the resolution of the first crisis. The Quartet and Large Systemic Financial Crises tells the story of both. The time between crises has shortened, and the magnitude of the crises has grown. The seeds of the next crisis are already discernable, borne of view that big banks caused the most recent crisis. In fact, the cause was bipartisan government policy imposed over decades on the financial system to allocate capital for political purposes in unstable ways. That phenomenon is poised to accelerate in the near future unless something is done to stop it. The Quartet and Large Systemic Financial Crises describes how to forestall the inevitable disaster that would follow. Signed by Author. Bestandsnummer des Verkäufers SKU2020027292
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