The looting of America : how Wall Street's game of fantasy finance destroyed our jobs, pensions, and prosperity - and what we can do about it

"How could the best and brightest (and most highly paid) in finance crash the global economy and then get us to bail them out as well? What caused this mess in the first place? Housing? Greed? Dumb politicians? What can Main Street do about it? In The Looting of America, Leopold debunks the pre...

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Bibliographic Details
Main Author: Leopold, Les
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Vermont 2009
Chelsea Green Publishing
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19188921124919061039-The-looting-of-america-how-Wal.htm
Description
Summary:"How could the best and brightest (and most highly paid) in finance crash the global economy and then get us to bail them out as well? What caused this mess in the first place? Housing? Greed? Dumb politicians? What can Main Street do about it? In The Looting of America, Leopold debunks the prevailing media myths that blame low-income home buyers who got in over their heads, people who ran up too much credit-card debt, and government interference with free markets. Instead, readers will discover how Wall Street undermined itself and the rest of the economy by playing and losing at a highly lucrative and dangerous game of fantasy finance."
Physical Description:219 p.
Paper