TY - BOOK AU - Morris,Charles R. TI - Two trillion dollar meltdown : easy money, high rollers, and the great credit crash SN - 9781586486914 U1 - 332.041509 22 PY - 2008/// CY - New York PB - Public Affairs KW - Capital market KW - United States KW - Finance KW - Financial crises KW - Global Financial Crisis, 2008-2009 KW - Mercado de capitais KW - Estados unidos KW - larpcal KW - Finanças KW - Crise financeira KW - Economic conditions KW - 2001-2009 N1 - "Hardcover published as The Trillion Dollar Meltdown in 2008"--T.p. verso; Includes bibliographical references (p. 179-191) and index; Ch. 1; The Death of Liberalism --; Ch. 2; Wall Street Finds Religion --; Ch. 3; Bubble Land: Practice Runs --; Ch. 4; A Wall of Money --; Ch. 5; A Tsunami of Dollars --; Ch. 6; The Great Unwinding --; Ch. 7; Picking through the Shards --; Ch. 8; Recovering Balance N2 - "We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets. The crash, when it comes, will have no firebreaks. A quarter century of free-market zealotry that extolled asset stripping, abusive lending, and hedge fund secrecy will come crashing down with it." "The Trillion Dollar Meltdown explains how we got here, and what is about to happen. After the crash our priorities will be quite different. But things are likely to get worse before they better. Whether you are an active investor, a homeowner, or a contributor to your 401(k) plan, The Trillion Dollar Meltdown will be indispensable to understanding the gross excess that has put the world economy on the brink - and what the new landscape will look like."--BOOK JACKET ER -