After the music stopped: the financial crisis, the response, and the work ahead

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Pub. Date:
2013.
Language:
English
Description
With bracing clarity, Blinder shows us how the U.S. financial system, which had grown far too complex for its own good-and too unregulated for the public good-experienced a perfect storm beginning in 2007. When America's financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected-and fragile-the global financial system is. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government's actions, particularly the Fed's, were previously unimaginable. And to an amazing-and certainly misunderstood-extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen here again.
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ISBN:
9781594205309
9781101605875
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Grouping Information

Grouped Work ID 249d9d87-6c64-1acd-f0a6-60aed7a2e983
Grouping Title after the music stopped the financial crisis the response and the work ahead
Grouping Author blinder alan s
Grouping Category book
Last Grouping Update 2018-09-17 22:59:17PM
Last Indexed 2018-09-18 00:01:56AM

Solr Details

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author Alan S. Blinder
author_display Blinder, Alan S
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collection_catalog Non-Fiction
detailed_location_catalog Edmondson Pike - Adult Non-Fiction, Main Library - Adult Non-Fiction
display_description Many fine books on the financial crisis were first drafts of history--books written quickly to fill the need for immediate understanding. Alan S. Blinder, former vice chairman of the Federal Reserve Board, held off, taking the time to understand the crisis and create a truly comprehensive and coherent narrative of how the worst economic crisis in postwar American history happened, what the government did to fight it, and what we must do from here--mired as we still are in its wreckage. Blinder shows how the U.S. financial system, grown far too complex for its own good--and too unregulated for the public good--experienced a perfect storm beginning in 2007. When America's financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected--and fragile--the global financial system is. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable.--From publisher description.
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owning_library_catalog Nashville Public Library
owning_location_catalog Edmondson Pike, Edmondson Pike Kids, Main Kids, Main Library
primary_isbn 9781594205309
publishDate 2013
record_details ils:CARL0000402526|Book|Books||English|Penguin Press,|2013.|xix, 476 p. : ill. ; 25 cm., overdrive:0c3c2c25-1227-46f8-ba24-73c68b6c197e|eBook|eBook||English|Penguin Publishing Group|2013|
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subject_facet Finance -- United States, Financial crises -- United States, Global Financial Crisis, 2008-2009, United States -- Economic conditions -- 2009-, United States -- Economic policy -- 2009-
title_display After the music stopped : the financial crisis, the response, and the work ahead
title_full After the Music Stopped The Financial Crisis, the Response, and the Work Ahead, After the music stopped : the financial crisis, the response, and the work ahead / Alan S. Blinder
title_short After the music stopped :
title_sub the financial crisis, the response, and the work ahead
topic_facet Business, Economic conditions, Economic policy, Finance, Financial crises, Global Financial Crisis, 2008-2009, History, Nonfiction