After the music stopped
Subtitle: the financial crisis, the response, and the work ahead
By: Alan S. Blinder
Publisher: Penguin Books
Published: 2014
Language: eng
Number of pages: 504
ISBN-13: 9780143124481
Subjects: Economic policy; Financial crises; Global Financial Crisis, 2008-2009; Economic conditions; Finance
Description: "Alan S. Binder--estemmed Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federeal Reserve Board--presents here the first definitive history of the crisis. With bracing clarity, he chronicles the perfect storm of events beginning in 2007, from the bursting of the housing bubble to the financial implosion that followed the Lehman bankruptcy, and shows how evens in the financial markets devastated the U.S. and the global economies. Updated with a new postscript to bring his analysis up to the present day, After the Music Stopped reveals how the worst economic crisis in postwar American history happened, what we must do to recover from it, and what we have--orh have not--learned"--P. [4] of cover.
Notes: Previous edition: 2013.

"This edition with a new afterword published ... 2014"--T.p. verso.

Includes bibliographical references (pages [483]-490) and index.
Table of contents: title: What's a nice economy like you doing in a place like this?; title: In the beginning; title: The house of cards; title: When the music stopped; title: From Bear to Lehman : inconsistency was the hobgoblin; title: The Panic of 2008; title: Stretching out the TARP ; Stimulus, stimulus, wherefore art thou, stimulus?; title: The attack on the spreads; title: It's broke, let's fix it : the need for financial reform; title: Watching a sausage being made; title: The great foreclosure train wreck; title: The backlash; title: No exit? : getting the Fed back to normal; title: The search for a fiscal exit; title: The big aftershock : the European debt crisis; title: Never again : legacies of the crisis.