The Crunch
How Greed and Incompetence Sparked the Credit Crisis
- Paperback
288 pages
- Release Date
1 May 2009
Summary
The first book to take the lid off the events surrounding the collapse of Northern Rock and the onset of the credit crisis - now specially updated for the new mass market editionOn 9 August 2007 France’s largest bank announced that it had had to suspend trading in two huge investment funds it controlled. The same day three German banks revealed that they were close to collapse. A few days later came the first run on a British bank since the 1860s as vast queues of worried investors besieged N…
Book Details
| ISBN-13: | 9781847940094 |
|---|---|
| ISBN-10: | 1847940099 |
| Author: | Alex Brummer |
| Publisher: | Cornerstone |
| Imprint: | Random House Business Books |
| Format: | Paperback |
| Number of Pages: | 288 |
| Release Date: | 1 May 2009 |
| Weight: | 203g |
| Dimensions: | 198mm x 129mm x 18mm |
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Critics Review
“This is the roller-coaster version of events-and a surprisingly entertaining book about an otherwise dreary subject … timely and interesting.”
A compelling and clear narrative about the financial crisis and its implications. * City AM *Brummer builds a racy transatlantic narrative out of the crisis … * Guardian *… he brings a journalist’s relish to his task of revealing everything you wanted to know about the credit crunch but were too affraid to ask … reads like a thriller - except that order is not restored on the final page. * Observer *This is the roller-coaster version of events - and a surprisingly entertaining book about an otherwise dreary subject … timely and interesting * New Statesman *… a handy first draft of history. * Bloomberg *
About The Author
Alex Brummer
Alex Brummer is one of the UK’s leading financial journalists and commentators. After a long and successful stint at the Guardian he moved to be City Editor at the Daily Mail in 2000. He has won prizes both as a foreign correspondent and economics writer. Awards received include Business Journalist of the Year 2006, Newspaper Journalist 2002 and Best City Journalist 2000. His books include Hanson- A Biography (Fourth Estate 1994) and Weinstock- The Life and Times of Britain’s Premier Industrialist (HarperCollins 1998).
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