13 banks that rule the world

13 banks that rule the world

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FL/748290/R
Russian
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How democracy faces big finances and why the political economy is in dire straits - you will find specific facts, figures, and historical analysis in this book. The unbridled financial sector made fabulous profits in the lean years and passed on its losses to taxpayers in the lean times, receiving bailouts from the authorities. Will the government continue to act in the interests of Wall Street or will it actually reform and tightly regulate the banking system?

Should banks remain “too big to fail” or is it time to turn them into “small enough” to fail? allow them to fail?

The analysis carried out by the authors is no less relevant for Russia than for any other country. And it goes without saying that the topic itself—the power of finance over political structures—is extremely interesting to Russian residents. The reader will be interested to know how typical this is in other developed (democratic) countries of the world. The book is profound. It covers all spheres of the economy. The book has a lot of numbers, a lot of data. Deep Scan. Literally every page is covered with incredible factual data - about the rise of America's banks, about the collapse of banks, about those who are responsible for the crisis, about the targeted distribution of government resources aimed at helping the banks. (It’s no joke, of the $180 billion allocated by the government to save American International Group, $165 million went to bonuses to executives who, in fact, caused the company to fail! Naturally, government money is taxpayers’ money.)

FL/748290/R

Data sheet

Name of the Author
Джеймс Квак
Саймон Джонсон
Language
Russian

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13 banks that rule the world

How democracy faces big finances and why the political economy is in dire straits - you will find specific facts, figures, and historical analysis in this bo...

Write your review

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