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The End of Wall Street
Author: Roger Lowenstein

ISBN: 9781921640414
Format: Paperback
Number Of Pages: 368
Published: 1 May 2010
Country of Publication: AU
Dimensions (cm): 23.4 x 15.6 x 2.8
Description:
The story of the Wall Street collapse - from the roots of the mortgage bubble to the US government's unprecedented response - as told by America's most trusted business journalist.

The End of Wall Street is a blow-by-blow account of America's biggest financial collapse since the Great Depression. With grace, wit, and razor-sharp understanding, Roger Lowenstein tells the full story of the end of Wall Street as we knew it.

Drawing on 180 interviews, including sit-downs with top government officials and Wall Street CEOs, Lowenstein weaves a financial, economic, and sociological thriller that indicts America for succumbing to the siren song of easy debt and speculative mortgages. He etches laser-like profiles of all the key players, provides a damning explication of how rating agencies helped giftwrap faulty loans in the guise of triple-A paper, and dismantles the academic formulas that - once again - proved the ruin of investors and banks.

The End of Wall Street is rife with historical lessons and bursting with fast-paced action. Displaying Lowenstein's unmatched ability to make complicated financial stories res...

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