Financial Shock (Updated Edition) by Mark Zandi
Category: Books
Released: Oct 31, 2009
Price: $4.99
Description:
Financial Shock (Updated Edition):
Global Panic and Government Bailouts–How We Got Here and What Must Be Done to Fix It
by Mark Zandi
‘In Financial Shock, Mr. Zandi provides a concise and lucid account of the economic, political, and regulatory forces behind this binge.’
* The Wall Street Journal
‘The obvious place to start is the financial crisis, and the clearest guide to it that I’ve read is Financial Shock by Mark Zandi….It is an impressively lucid guide to the big issues.’
* David Leonhardt, The New York Times
‘If you wonder how it could be possible for a subprime mortgage loan to bring the global financial system and the U.S. economy to its knees, you should read this book. No one is better qualified to provide this insight and advice than Mark Zandi.’
* Larry Kudlow, Host, CNBC’s Kudlow & Company
‘Mark Zandi provides insightful analysis, thoughtful recommendations, and a comprehensible explanation of the financial crisis that is accessible to the general public and extremely useful to those who specialize in the area.’
* Barney Frank, Chairman, House Financial Services Committee
Bestselling book on the financial crisis completely updated, with more specific policy recommendations and remedies
* Now with more coverage of the government bailouts, the future of the economy and financial markets, and how the average household will be affected.
* New expanded discussion of the most important steps needed to most effectively fix the underlying problems.
* Specific lessons for homeowners and investors, including a discussion of the future
ABOUT THE AUTHOR:
Dr. Mark Zandi is chief economist and cofounder of Moody’s Economy.com, an independent subsidiary of Moody’s that provides economic research and consulting services to businesses, governments, and other institutions. His recent research has included studying determinants of mortgage foreclosure and personal bankruptcy; analyzing economic impacts of tax and government spending policies; and assessing policy responses to bubbles in asset markets. He has appeared on NBC’s Meet the Press, NBC News, CBS News, CNN, CNBC, and has served as an economic advisor to John McCain’s presidential campaign and the Obama administration. Zandi holds a Ph.D. from the University of Pennsylvania where he did research with Gerard Adams and Nobel Laureate Lawrence Klein.
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