The financial crisis of 2008 : a history of US financial markets 2000-2012 / Barrie A. Wigmore.
Material type: TextSeries: Studies in macroeconomic historyPublisher: Cambridge : Cambridge University Press, 2021Description: 1 online resource (viii, 407 pages) : digital, PDF file(s)Content type:- text
- computer
- online resource
- 9781108946872 (ebook)
- 330.973/0931 23
- HB3717 2008 .W54 2021
Title from publisher's bibliographic system (viewed on 12 Oct 2021).
Supported by ten years of research, Wigmore has gathered extensive data covering the 2008 financial crisis and subsequent recovery to provide the first comprehensive history of the period. Financial crises cannot occur unless institutional investors finance the bubbles that created them. Wigmore follows the trail of data putting pressure on institutional investors to achieve higher levels of returns that led to over-leverage throughout the financial system and placed such a burden on recovery. Here is a 'very good picture - and painful reminder - of the crisis' evolution across multiple asset classes, structures, participants, and geographies.' This work serves as a critical analysis of modern portfolio management and an important reference work for financial professionals, academics, investors, and students.
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