Alchemists of Loss: How Modern Finance and Government Intervention Crashed The Financial System

By: Kevin Dowd & Martin Hutchinson

Price: $16.00

Quantity: 500 available

Book Condition: New


Over the last thirty years, capital markets have been restructured through the tenets of modern finance. This has been enormously profitable for the financial services sector. However, these innovations, coupled with unsound risk and regulatory practices have proved disastrous for the global economy. In a clear and accessible style, ex-investment banker and financial journalist Martin Hutchinson, and highly respected academic, Kevin Dowd show how modern finance combined with easy money threatened to bring down the world financial system. At the heart of the book is modern finance as a U.S. invention, the theories and practices associated with them, and the changes they made in business models and risk management on Wall Street and other major financial centers. The Alchemists of Loss will help you to understand how our financial system crashed and show you what it will take to make sure this won't happen again as we move forward.Printed Pages: 432.

Title: Alchemists of Loss: How Modern Finance and Government Intervention Crashed The Financial System

Author Name: Kevin Dowd & Martin Hutchinson

Categories: India, Fiction,

Edition: First Edition

Publisher: New Delhi, India, Times Group Books: 2010

ISBN: 8126527730

ISBN 13: 9788126527731

Binding: Hardcover

Book Condition: New

Jacket Condition: New

Seller ID: 104524

Keywords: Alchemists of Loss: How Modern Finance and Government Intervention Crashed The Financial System Kevin Dowd & Martin Hutchinson