A Global History of the Financial Crash of 2007-10
'A detailed and careful account of what happened and why in the global financial crisis. Full of facts and astute observations, this is an invaluable reference for anyone seeking to avoid a repeat of that awful experience.' Simon Johnson, MIT Sloan School of Management, and co-author of 13 Bankers (2010)'This is the full story of how the Western world's banks crashed in all its gory details. Drawing on his experience of dealing with the Nordic banking crash of the 1990s, Johan Lybeck is uniquely qualified to unravel the sequence of events that led from problems in the US mortgage market to the global banking collapse of 2008, and to offer his own view of the route back to prosperity. With its meticulous assembly of data from a wide range of sources, this book will be invaluable for any student of the crisis, whether academic or practitioner.' Laurence Copeland, Professor of Finance, Cardiff Business School