A History of the United States in Five Crashes: Stock Market Meltdowns That Defined a Nation
| Author | : | |
| Rating | : | 4.57 (605 Votes) |
| Asin | : | B06Y4B7XZ4 |
| Format Type | : | |
| Number of Pages | : | 217 Pages |
| Publish Date | : | 2015-11-20 |
| Language | : | English |
DESCRIPTION:
Dennis M. Patterson said A great financial history book. An intelligent, well-written and lively account of five great crashes. The level of detail is just right to create a narrative that really moves along well. I read the book in a day. I will go back and re-read the chapter on my favorite crash, "A great financial history book" according to Dennis M. Patterson. An intelligent, well-written and lively account of five great crashes. The level of detail is just right to create a narrative that really moves along well. I read the book in a day. I will go back and re-read the chapter on my favorite crash, 2008-9. All the sins of government and Wall Street are recounted with balance and insight.. 008-9. All the sins of government and Wall Street are recounted with balance and insight.. takes on a subject that could have been a dull recitation of the economics behind five U Michael M Scott Nation's new book takes on a subject that could have been a dull recitation of the economics behind five U.S. financial calamities. Instead he makes his book a fascinating, fast-paced, adventure story complete with heroes, villains and those caught in the cross-fire between fear and greed.As a fan of business history I thought I had a fairly good grasp of the reasons behind the 1907 Panic, and the 1929 Crash; but Mr. Nations brings these disasters into sharper focus through meticulous attention to details and personalities that seem to have . Needs more analysis and history and less day by day market stats JKav I haven't finished it yet because I found the first two crashes hard to read through. I had an especially hard time getting through the section on Crash #2 (1929). The writing style bothers me as it seems like it is equal parts analysis and statistics. And, there are too many stats of month-by-month stock market increases and declines, no less all the times that the author lists day by day statistics. Reads more like a glorified doctoral economic thesis than an analytical history. The stats could have even been put in charts/graphs and that would
And he examines the factors that led to the 2008 global meltdown and the rise of algorithmic trading, the modern financial technology that sparked the 2010 Flash Crash when American stocks lost a trillion dollars in minutes. But taken together, they offer a unique financial history of the American century. In this absorbing, smart, and accessible blend of economic and cultural history in the vein of the works of Michael Lewis and Andrew Ross Sorkin, a financial executive and CNBC contributor examines the five most significant stock market crashes in the United States over the past century, revealing how they have defined the nation today. He explores America's love affair with an expanding stock market in the 1980s - which spawned the birth of portfolio insurance that significantly contributed to the 1987 cras