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The Financial Crisis of 2008 - A History of US Financial Markets 2000-2012 (Hardcover, New Ed)
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The Financial Crisis of 2008 - A History of US Financial Markets 2000-2012 (Hardcover, New Ed)
Series: Studies in Macroeconomic History
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Supported by ten years of research, Wigmore has gathered extensive
data covering the 2008 financial crisis and subsequent recovery to
provide the first comprehensive history of the period. Financial
crises cannot occur unless institutional investors finance the
bubbles that created them. Wigmore follows the trail of data
putting pressure on institutional investors to achieve higher
levels of returns that led to over-leverage throughout the
financial system and placed such a burden on recovery. Here is a
'very good picture - and painful reminder - of the crisis'
evolution across multiple asset classes, structures, participants,
and geographies.' This work serves as a critical analysis of modern
portfolio management and an important reference work for financial
professionals, academics, investors, and students.
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