The Wall Street Takeover and the Next Financial Meltdown
by
Simon Johnson, James Kwak
Language: English
Release Date: March 30, 2010
In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this...