||0 of 0 people found the following review helpful.| Wonderful intro-level book|By Liu Mu|I rarely write reviews. But this is an exception. This is a excellent book, in that not only the author holds a very different view about the financial crisis than most of others, but also the author's step-by-step explanation is extremely helpful. The author, Alistair Milne, spend a big chunk of time on explaining many financial jargons an||"The Fall of the House of Credit is a horror story, worthy of Poe, about the origins and impact of our ongoing financial and economic nightmare. A very easy and highly insightful read, for both layman and professional, the House of Credit offers a way out of
How was it possible for problems in one relatively small sector in the global financial system - the American sub-prime mortgage market - to lead to the most serious economic crisis in living memory? In this book, Alistair Milne untangles the complex world of modern banking and examines solutions to the crisis. He shows how the banks misused their ability to securitize loans and, by borrowing short and lending long, exposed themselves to exceptional risks when asset pri...
[PDF.ko72] The Fall of the House of Credit: What Went Wrong in Banking and What Can Be Done to Repair the Damage? Rating: 4.79 (788 Votes)
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You can specify the type of files you want, for your gadget.The Fall of the House of Credit: What Went Wrong in Banking and What Can Be Done to Repair the Damage? | Alistair Milne. I really enjoyed this book and have already told so many people about it!
