The Financial Crisis Inquiry Report, Authorized Edition: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States
| Author | : | |
| Rating | : | 4.74 (780 Votes) |
| Asin | : | 1610390415 |
| Format Type | : | paperback |
| Number of Pages | : | 576 Pages |
| Publish Date | : | 2013-09-07 |
| Language | : | English |
DESCRIPTION:
"A decent generalist - level survey of all the factors behind the financial crisis" according to MT57. I would describe the book as really two books. The first A decent generalist - level survey of all the factors behind the financial crisis MT57 I would describe the book as really two books. The first 40% or so is more of an analysis of developments in economy and finance over the 20 or so years leading up to the crisis of 08, and the last 60% is more of a narrative of the events of the crisis in the last half of 08. The latter portion heavily reminded me of Sorkin's book, Too Big to Fail. It similarly relies heavily on interviews with high level executives, officials and so on. I understand that, if you are trying to write something that you want the general . 0% or so is more of an analysis of developments in economy and finance over the 20 or so years leading up to the crisis of 08, and the last 60% is more of a narrative of the events of the crisis in the last half of 08. The latter portion heavily reminded me of Sorkin's book, Too Big to Fail. It similarly relies heavily on interviews with high level executives, officials and so on. I understand that, if you are trying to write something that you want the general . UNREADABLE PRINT!! WARNING: The print size and quality of this publication will make it unreadable to many people (as it is for me).The main font is tiny, and the font for the footnotes is vanishingly small. The cheap printing method has also resulted in a font with very low contrast. A further problem is that the margins are narrow even near the spine, so the lines of print curve out of sight as you try to read them.I am able to read all sorts of books and have reading glasses to do so, yet I am unable to read this book. The Amazon entr. Dances around the fundamental cause-Completely unregulated speculation in derivatives This report spends over 500 hundred pages to reach a conclusion that basically targets the rating agencies as the main culprit in the economic collapse that is now referred to as the Great Recession.The real problem was the passage of legislation that eliminated the firewalls erected in the mid 1930's to prevent what happened .Three major problems can be identified.It is clear that if these three types of events had not occurred,then the Great Recession could have been prevented.The three major factors making the Great
This panel has had subpoena power that enabled them to interview people and examine documents that no reporter had access to.The FCIC has reviewed millions of pages of documents, and interviewed more than 600 leaders, experts, and participants in the financial markets and government regulatory agencies, as well as individuals and businesses affected by the crisis.In the tradition of The 9/11 Commission Report, The Financial Crisis Inquiry Report will be a comprehensive book for the lay reader, complete with a glossary, charts, and easy-to-read diagrams, and a timeline that includes important events. It will be read by policy makers, corporate executives, regulators, government agencies, and the American people.. Official Government Edition The definitive report on what caused America's economic meltdown— and who was responsibleThe financial and economic crisis has touched the lives of millions of Americans who have lost their jobs and their homes, but many have little understanding of how it happened. Now, in this very accessible report, readers can get the facts.Formed in May 2009, the Financial Crisis Inquiry Commission (FCIC) is a panel of 10 commissioners with experience in business, regulations, economics, and housi
Slate, December 2010 "With those books, you'll never need to read anything that emerges from the FCIC. But if you want, say, to hear former Lehman CEO Dick Fuld try to defend himself, that's the place to go.”NPR’s Morning Edition“The majority report reads a lot like a book, and a bit of a potboiler at that. (It also subpoenaed thousands of pages of documents from Wall Street firms, though it is not clear if it will make those public.) There's no need to get the narrative from the