"Sinopsis" puede pertenecer a otra edición de este libro.
"Sobre este título" puede pertenecer a otra edición de este libro.
Gastos de envío:
EUR 3,75
A Estados Unidos de America
Descripción Condición: New. pp. 400. Nº de ref. del artículo: 2637420727
Descripción Condición: New. pp. 400. Nº de ref. del artículo: 38617448
Descripción Condición: Brand New. New. US edition. Expediting shipping for all USA and Europe orders excluding PO Box. Excellent Customer Service. Nº de ref. del artículo: ABEOCT23-1072
Descripción TAPA BLANDA. Condición: New. Nº de ref. del artículo: 100920301
Descripción Condición: New. Nº de ref. del artículo: ABLIING23Feb2215580055914
Descripción Condición: New. Book is in NEW condition. Nº de ref. del artículo: 0199659885-2-1
Descripción Paperback. Condición: new. Paperback. In Casino Capitalism Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main Street to gamble with real estate properties. He meticulously describes the process of lending to American homeowners and criticizes both the process ofsecuritizing and selling mortgage claims to the world, as well as the poor job rating agencies did in providing transparency. He argues that the American Dream has ended because the world now realizes that this dream wasbuilt on loans that are never likely to be repaid. Sinn also asserts that the banking crisis has not yet been resolved, because the necessary write-offs of toxic assets have largely been swept under the carpet. Comparing actual worldwide write-offs with those estimated by the IMF estimates, he concludes that substantial parts, if not most, of the true losses have yet to be revealed and that the banking systems of many countries are on the brink of insolvency.In view of this, he directs sharp criticism at the various economic rescue packages, arguing that the plans assume that banks have a liquidity problem while, in fact, they suffer from asolvency crisis. Sinn points out that the conflict between the goals of rescuing banks in the short term and inducing more prudent behaviour in the long term requires the government to help the banks, but not their shareholders, by becoming a temporary co-owner. In addition, he calls for higher equity requirements, a worldwide return to more cautious accounting methods, a ban on extremely speculative short selling, and strict regulations on conduits, hedge funds and credit defaultswaps.This authoritative account provides an invaluable overview for academics, students, policymakers, politicians, and all those with an interest in the unprecedented 2008 banking crisis. An English translation of Professor Sinn's bestselling Kasino-Kapitalismus, that provides an account of the origins of the recent financial crisis. The volume examines the causes of the crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Nº de ref. del artículo: 9780199659883
Descripción Paperback. Condición: Brand New. reprint edition. 374 pages. 9.00x6.00x0.75 inches. In Stock. Nº de ref. del artículo: x-0199659885
Descripción Kartoniert / Broschiert. Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. An English translation of Professor Sinn s bestselling Kasino-Kapitalismus, that provides an account of the origins of the recent financial crisis. The volume examines the causes of the crisis, points out the flaws in the economic rescue packages, and prese. Nº de ref. del artículo: 582378262