Extreme money
Subtitle: masters of the universe and the cult of risk
By: Satyajit Das
Publisher: FT Press
Published: 2012
Place of publication: Upper Saddle River, N.J
Language: eng
Number of pages: 459
ISBN-13: 9780132790079
Subjects: Money; Finance
Description: Everything from home mortgages to climate change has become financialized, as vast fortunes are generated by individuals who build nothing of lasting value. Das shows how "extreme money" has become ever more unreal; how "voodoo banking" continues to generate massive phony profits even now; and how a new generation of "Masters of the Universe" has come to domiinate the world.
Notes: Includes bibliographical references (p. 420-428) and index