Engineering a Financial Bloodbath: How Sub-Prime Securitization Destroyed the Legitimacy of Financial Capitalism
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In July 2007, the then chief executive of Citigroup, Charles Prince, captured the hubris of a market dangerously addicted to debt: "When the music stops, in terms of liquidity, things will be complicated. But as long as music is playing, you have got to get up and dance. We're still dancing." By the end of the year, Mr Prince was forced to resign along with some of the most influential bankers on Wall Street. Global investment houses in the United...
Format:Hardcover
Language:English
ISBN:1848162162
ISBN13:9781848162167
Release Date:July 2009
Publisher:Imperial College Press
Length:212 Pages
Weight:1.05 lbs.
Dimensions:0.7" x 5.8" x 9.0"
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