000 03135nam a2200373 a 4500
001 CBN000000017
005 20151013135805.0
008 020813s2010 enka e 000 0 eng d
020 _a9780470689158 (hbk.)
020 _a0470689153 (hbk.)
040 _aCBNCAT
050 _a HB3717 .D693 2010
082 1 _a338.5'42
_222
100 _aDowd, Kevin.
245 1 0 _aAlchemists of loss :
_b how modern finance and government intervention crashed the financial system /
_c by Kevin Dowd, Martin O. Hutchinson..
260 _aChichester :
_bWiley,
_c2010

300 _ax, 422 p. :
_b ill. ;
_c 24 cm.
504 _aIncludes bibliographical references and index.
505 _aAcknowledgements & Dedication. Foreword. Part One: Past Successes and Disasters. 1 Introduction. 2 Pre-Modern Finance. 3 Lessons from Past Financial Crises. Part Two: The Modern Financial Theory Engine. 4 Theoretical Foundations of Modern Finance. 5 Modern Financial Theory's Hideous Flaws. 6 Risk Management: Daft Theory, Dodgy Practice. Part Three: Interactions with the Real World. 7 The Real World Becomes Modern Finance-friendly. 8 Modern Finance Captures Wall Street. 9 And Wall Street Metamorphoses. 10 Derivatives and Other Disasters. Part Four: Policy Accommodates Modern Finance. 11 Loose Money. 12 Government Meddling in the Financial System. Part Five: Gotterdammerung. 13 Bubble, Burst, and Panic. 14 The Slope Down Which We're Heading. Part Six: Charting a New Way Forward. 15 The Math of Proper Risk Management. 16 Back to the Future - A New Vision of Finance. 17 A Blueprint for Reform. 18 Lessons to Take Away. Bibliography. Index. 


520 _aThe authors 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.* Breaks down the events involved in the 2007-08 financial collapse* Reveals how botched policy response made a bad situation worse* Focuses on lessons that the practice of finance must learn from recent events 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. 

590 _anif 17/05/13
591 _aLoan
650 0 _aGlobal Financial Crisis, 2008-2009. 

650 _aFinance. 

650 _aFinance -- Government policy
_z United States. 

650 _aFinancial institutions
_xState supervision
_zUnited States.
650 _aCapital market. 

650 _aEconomic history
_y1990- 

650 _aEconomic policy. 

651 _aUnited States
_xEconomic policy
_y2001-2009. 

651 _aUnited States
_xEconomic conditions
_y2001-2009. 

700 _aHutchinson, Martin O.
942 _2ddc
_cBOOK
999 _c251
_d251