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Hardcover Casino Capitalism: How the Financial Crisis Came about and What Needs to Be Done Now Book

ISBN: 0199588279

ISBN13: 9780199588275

Casino Capitalism: How the Financial Crisis Came about and What Needs to Be Done Now

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Format: Hardcover

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Book Overview

In Casino Capitalism, Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main Street to gamble with real estate properties. He meticulously describes the process of lending to American homeowners and criticizes both the process of...

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Business Business & Investing

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