how greed and easy money corrupted Wall Street and shook the world economy Ritholtz, Barry 1961- creator Task, Aaron text bibliography nju Hoboken, N.J John Wiley & Sons c2009 2009 monographic eng

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xx, 332 pages : illustrations ; 24 cm. An engaging look at what led to the financial turmoil we now find ourselves in. Bailout Nation offers one of the clearest looks at the financial lenders, regulators, and politicians responsible for the financial crisis of 2008. Written by Barry Ritholtz, one of today's most popular economic bloggers and a well-established industry pundit, this book skillfully explores how the United States evolved from a rugged independent nation to a soft Bailout Nation -where financial firms are allowed to self-regulate in good times, but are bailed out by taxpayers in bad times. Entertaining and informative A brief history of bailouts -- The creation of the Federal Reserve, and its role in creating our bailout nation -- Pre-bailout nation : (1860-1942) -- Industrial-era bailouts (1971-1995) -- Stock market bailouts, 1987-1995 -- The irrational exuberance era (1996-1999) -- The tech wreck, 2000-2003 -- The backwards, rate-driven economy -- The mad scramble for yield -- The machinery of subprime -- A memo found in the street : Uncle Sam the enabler. Barry Ritholtz with Aaron Task. Includes index. Includes bibliographical references (p. 297-314) and index. n-us--- Financial crises United States Crisis financiera Estados Unidos Finance Government policy United States Finanzas Política gubernamental Estados Unidos Intervention (Federal government) Intervención (Gobierno Federal) United States Economic conditions 2001-2009 Estados Unidos Condiciones económicas 2001-2009 United States Economic policy 2001-2009 Estados Unidos Política económica 2001-2009 HB 3722 R611b 2009 332.10973 9780470520383 (cloth) 0470520388 (cloth) 9780470535967 0470535962 DLC 090420 20230410105426.0 eng