Bad Banks: Greed, Incompetence and the Next Global Crisis Revised Edition Contributor(s): Brummer, Alex (Author) |
|
ISBN: 1847941141 ISBN-13: 9781847941145 Publisher: Random House UK OUR PRICE: $14.36 Product Type: Paperback - Other Formats Published: February 2015 |
Additional Information |
BISAC Categories: - Business & Economics | Banks & Banking - Business & Economics | Economic History - Business & Economics | International - General |
Dewey: 332.1 |
Physical Information: 368 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Written by a man with inside knowledge of all the major players, this is the story of how the economic crisis continues to haunt us, and why the unchecked recklessness of some banks is still a threat to our financial future. Bad Banks is a gripping account of the problems and scandals that continue to bedevil the world's banking system some seven years after the credit crunch. It follows the fortunes and misfortunes of individual banks, from RBS to Lloyds. It exposes instances of mis-selling, money laundering, interest rate fixing and incompetence. And it considers the bigger picture: how the failings of the world's banking system are threatening to undermine our future economic security. Alex Brummer, the City Editor of the Daily Mail, has had access to all the major players, from HBOS's Andy Hornby, to former Governor of the Bank of England Sir Mervyn King, to the ex-Chief Executive of Barclays, Bob Diamond, to Lloyds' Antonio Horta-Osorio. His book is an insightful -- and terrifying -- account of institutions once renowned for their probity, but now all too often a byword for incompetence, and worse." |