Dumb Money

How Our Greatest Financial Minds Bankrupted the Nation

Business & Finance, Finance & Investing, Finance
Cover of the book Dumb Money by Daniel Gross, Free Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Daniel Gross ISBN: 9781439152898
Publisher: Free Press Publication: February 23, 2009
Imprint: Free Press Language: English
Author: Daniel Gross
ISBN: 9781439152898
Publisher: Free Press
Publication: February 23, 2009
Imprint: Free Press
Language: English

The financial crisis that has gripped this country since last September has had so many twists and turns, it would make for a great drama -- if it all were not so real and damaging. Companies are shutting down and laying off workers, 401ks are melting away, and the government is spending $700 billion dollars to bail out banks and financial institutions -- and that's only the beginning. The financial services industry, and the many industries that depend on it -- from housing to cars -- is in intensive care.

So what happened? How did we get to this point of financial disaster? Is the economy just a huge, Madoff-esque Ponzi scheme? It is a complicated and confusing story -- but Daniel Gross of Newsweek has a special gift for making complicated matters easy to understand and even entertaining. In Dumb Money, he offers a guide to the debacle and to what the future may hold. This is not so much a book about who did what, though that's part of the story. Rather, it pieces together the building blocks of the debt-fueled economy, and distills the theory and personalities behind our late, lamented easy money culture. Dumb Money is a book that finally lays it all out in an engaging way, and might just help people invest their money smartly until the gloom passes.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The financial crisis that has gripped this country since last September has had so many twists and turns, it would make for a great drama -- if it all were not so real and damaging. Companies are shutting down and laying off workers, 401ks are melting away, and the government is spending $700 billion dollars to bail out banks and financial institutions -- and that's only the beginning. The financial services industry, and the many industries that depend on it -- from housing to cars -- is in intensive care.

So what happened? How did we get to this point of financial disaster? Is the economy just a huge, Madoff-esque Ponzi scheme? It is a complicated and confusing story -- but Daniel Gross of Newsweek has a special gift for making complicated matters easy to understand and even entertaining. In Dumb Money, he offers a guide to the debacle and to what the future may hold. This is not so much a book about who did what, though that's part of the story. Rather, it pieces together the building blocks of the debt-fueled economy, and distills the theory and personalities behind our late, lamented easy money culture. Dumb Money is a book that finally lays it all out in an engaging way, and might just help people invest their money smartly until the gloom passes.

More books from Free Press

Cover of the book Competing On Internet Time by Daniel Gross
Cover of the book When Our Grown Kids Disappoint Us by Daniel Gross
Cover of the book Never Mock God: An Unauthorized Investigation into Paranormal State's "I Am Six" Case by Daniel Gross
Cover of the book My Heart is Boundless by Daniel Gross
Cover of the book Service Profit Chain by Daniel Gross
Cover of the book The Essence of Style by Daniel Gross
Cover of the book Handbook of Stress, 2nd Ed by Daniel Gross
Cover of the book Everything Trump Touches Dies by Daniel Gross
Cover of the book The Way We're Working Isn't Working by Daniel Gross
Cover of the book In the Shadow of the Dam by Daniel Gross
Cover of the book The Business of Software by Daniel Gross
Cover of the book A Thousand Lives by Daniel Gross
Cover of the book ART/WORK by Daniel Gross
Cover of the book Learning From the Links by Daniel Gross
Cover of the book Euclid's Window by Daniel Gross
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy