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The Amazon Store at MillionDollarPetPix.com ( In association with Amazon.com )The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash List Price: $22.95 Amazon.com's Price: $15.61 You Save: $7.34 (32%)Prices subject to change. Availability: Usually ships in 24 hours
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Binding: HardcoverDewey Decimal Number: 332.04150973 EAN: 9781586485634 ISBN: 1586485636 Label: PublicAffairs Manufacturer: PublicAffairs Number Of Items: 1 Number Of Pages: 224 Publication Date: March 03, 2008 Publisher: PublicAffairs Studio: PublicAffairs Related Items:
Browse for similar items by category: Click to Display Editorial Review: Product Description: 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. Average Rating:
 Rating:  - This book should be required reading for congress and members of the executive branchA well researched and reasoned analysis of the current financial crisis. The author's assessment of the economic and political forces that have resulted in the current crisis are presented in an understandable and balanced manner. He exposes the complicated financial instruments created and the excessive risks taken within our financial markets in the name of greater returns and paints a dire picture of the consequences that the eventual unwinding of these assets may have. Finally, he provides ... Read More Rating: - Deja'VuI no sooner finished reading this book than we all started living it. What we are watching unfold on Wall Street and in Washingtion D.C. is exactly what was fortold, in excruciating detail. Rating: - I read this book 6 months ago....wow Around 6 months ago I read this book. Talk about timeliness!! it deserves many accolades, I will definately read anything else this author publishes! Excellent read, intelligent, concise and understandable for all. Rating: - Incisive, Informative, Balanced History of the Current CrisisBuzz Aldrin once told me that the secret to success was to be in the right place at the right time. To that advice, I would add, that one must bring the right stuff to the table. The historian of this fluid and incisive analysis fulfills both criteria. Morris states that his intention is to tell the story of how we got there, "as briefy and crisply" as he can. He succeeds, brilliantly. The book seems to be the culminating work of a lifetime of preparation for solely this task - production of an ... Read More Rating: - Did Anyone Say PropheticIf he knew this was coming when he wrote this book, where were our politicians...hoping it would happen after the November elections. Did anyone say its time for a revolution - run out the bastards, including both McCain and Obama? Although dense at times (I got tired of all the acronyms - CDOS, CLOS, blah), if you could concentrate long enough, you got a smiggen of what is going on - what it boils down to is too much lent on too little value, and then sold to stupid investment houses trying to ... Read More 
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