An edition of The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
(2009)
The Two Trillion Dollar Meltdown
Easy Money, High Rollers, and the Great Credit Crash
by Charles R. Morris
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We are living in the most reckless financial environment in recent history. The astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets.
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The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
February 9, 2009, PublicAffairs, Public Affairs
Paperback
1586486918 9781586486914
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“Charles R. Morris’s THE TRILLION DOLLAR MELTDOWN (PublicAffairs) was handed to the publisher last Thanksgiving, a fact that gives Morris, a former banker, rock-solid status as a predictor of the crash. He homes in on the complexity and the paradoxical unpredictability of these financial instruments, which were supposed to manage risk and ended up magnifying it...”—The New Yorker
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