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An explosive, controversial account of the collapse of RBS and the
collapse of the British economy - shortlisted for FINANCIAL TIMES
AND GOLDMAN SACHSBUSINESS BOOK OF THE YEARAWARD2013. When RBS
collapsed and had to be bailed out by the taxpayer in the financial
crisis of October 2008 it played a leading role in tipping Britain
into its deepest economic downturn in seven decades. The economy
shrank, bank lending froze, and hundreds of thousands lost their
jobs. Living standards are still falling and Britons will be paying
higher taxes for decades to pay the clean-up bill. How on earth had
a small Scottish bank grown so quickly to become a global financial
giant that could do such immense damage when it collapsed? Based on
over 80 interviews and with access to diaries and papers kept by
those at the heart of the meltdown, this is the definitive account
of the RBS disaster which still casts a shadow over our economy. In
Making It Happen, senior executives, board members, Treasury
insiders and regulators reveal how the bank's mania for expansion
led it to take enormous risks its leaders didn't understand. From
the birth of the Royal Bank in 18th century Scotland, to the manic
expansion under Fred Goodwin in the middle of a mad boom and
culminating in the epoch-defining collapse, Making It Happenis the
full, extraordinary story.
Published to mark the 30th anniversary of the financial revolution
known as 'Big Bang', Crash Bang Wallop will tell the gripping story
of how the changes introduced in the 1980s in the City of London
transformed our world. Attitudes to money and the way we measure
value and status were completely reshaped by Big Bang, and it had
an extraordinary impact on politics, on style, on technology, on
the class system, on questions of public ownership, and on the
geography of London. Perhaps more than anything, Big Bang
revolutionised the international markets, as the capital became a
testing ground for financial globalisation, with huge repercussions
for the global economy. The definitive insider's account of this
critically important moment in modern history, Crash Bang Wallop
will also explore what's next for global finance as it gets ready
to undergo yet another revolution. 'Iain Martin tells it
brilliantly, mixing fury-inducing narrative with an acute eye for
the broader conclusion.' Observer
THE FEW, THE PROUD, THE BRAVE On Friday, November 10, 1775, the
Continental Congress approved a resolution for the organization of
the Corps, creating what would become the hallowed few, the
proud--the Marines. Since then, the men and women of the United
States Marine Corps have created the finest traditions of service
and honor, and supplied a pantheon of heroes who have upheld them.
In The Greatest U.S. Marine Stories Ever Told, editor Iain Martin
has accumulated the Marines' most gripping true tales of service
and sacrifice, from the Halls of Montezuma to the shores of
Tripoli, to the conflicts where they serve today.
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