Faithin Omaha eBook Collection

Download or read book The Decline and Fall of Banking written by Bill Penman Brown and published by Troubador Publishing Ltd. This book was released on 2009 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed but plain language analysis of the credit crises of 2007/8 the Northern Rock situation and the collapse of other banks in the UK, USA and Europe. The book explains the part played by sub-prime mortgages and derivatives/securitisation, both of which were at the heart of the financial crises. The Decline and Fall of Banking deals with financial regulation and intervention by governments together with the role played by credit rating agencies and credit insurers.