13 Bankers

Download or Read eBook 13 Bankers PDF written by Simon Johnson and published by Vintage. This book was released on 2010-03-30 with total page 338 pages. Available in PDF, EPUB and Kindle.
13 Bankers
Author :
Publisher : Vintage
Total Pages : 338
Release :
ISBN-10 : 9780307379221
ISBN-13 : 0307379221
Rating : 4/5 (21 Downloads)

Book Synopsis 13 Bankers by : Simon Johnson

Book excerpt: In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with additional analysis of the government’s recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.


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