Casino Capitalism: How The Financial Crisis Came About And What Needs To Be Done Now

4.07 avg rating
( 27 ratings by Goodreads )
 
9780199659883: Casino Capitalism: How The Financial Crisis Came About And What Needs To Be Done Now
View all copies of this ISBN edition:
 
 

This authoritative account provides an invaluable overview for academics, students, policymakers, politicians, and all those with an interest in the unprecedented 2008 banking crisis.

"synopsis" may belong to another edition of this title.

Review:

an excellent point of reference. (Nick Taylor, London School of Economics Review of Books)

About the Author:


Hans-Werner Sinn is Chair of Economics and Public Finance at the University of Munich and President of the combined Institute for Economic Research and Center for Economic Studies (CES-ifo). He has published numerous scholarly journals and books but is also a leading commentator on contemporary economic affairs in Germany and has published a number of best selling books.

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9780199588275: Casino Capitalism: How the Financial Crisis Came About and What Needs to be Done Now

Featured Edition

ISBN 10:  0199588279 ISBN 13:  9780199588275
Publisher: OUP Oxford, 2010
Hardcover

Top Search Results from the AbeBooks Marketplace

1.

Hans-Werner Sinn
Published by 10/12/2012 (2012)
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Quantity Available: 10
Seller:
BargainBookStores
(Grand Rapids, MI, U.S.A.)
Rating
[?]

Book Description 10/12/2012, 2012. Condition: New. Casino Capitalism: How the Financial Crisis Came About and What Needs to be Done Now. Seller Inventory # BBS-9780199659883

More information about this seller | Contact this seller

Buy New
7.36
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

2.

Sinn Hans-Werner
Published by Oxford University Press
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Quantity Available: 2
Seller:
Majestic Books
(London, ,, United Kingdom)
Rating
[?]

Book Description Oxford University Press. Condition: New. pp. 400. Seller Inventory # 38617448

More information about this seller | Contact this seller

Buy New
10.41
Convert currency

Add to Basket

Shipping: 5.50
From United Kingdom to U.S.A.
Destination, rates & speeds

3.

Sinn, Hans-Werner
Published by Oxford University Press (2012)
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Paperback Quantity Available: 1
Seller:
Fifth_Avenue
(Burton Upon Trent, United Kingdom)
Rating
[?]

Book Description Oxford University Press, 2012. Paperback. Condition: New. New and unread copy. Fast, daily dispatch 2-4 days for delivery within UK. International orders may take up to 3-4 weeks. Seller Inventory # 9780199659883

More information about this seller | Contact this seller

Buy New
10.90
Convert currency

Add to Basket

Shipping: 7.99
From United Kingdom to U.S.A.
Destination, rates & speeds

4.

Hans-Werner Sinn
Published by OUP Oxford (2012)
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Paperback Quantity Available: 1
Seller:
The Monster Bookshop
(Fleckney, United Kingdom)
Rating
[?]

Book Description OUP Oxford, 2012. Paperback. Condition: New. BRAND NEW ** SUPER FAST SHIPPING FROM UK WAREHOUSE ** 30 DAY MONEY BACK GUARANTEE. Seller Inventory # mon0000579975

More information about this seller | Contact this seller

Buy New
16.68
Convert currency

Add to Basket

Shipping: 3.99
From United Kingdom to U.S.A.
Destination, rates & speeds

5.

Hans-Werner Sinn
Published by Oxford University Press (2012)
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Softcover Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)
Rating
[?]

Book Description Oxford University Press, 2012. Condition: New. book. Seller Inventory # M0199659885

More information about this seller | Contact this seller

Buy New
19.69
Convert currency

Add to Basket

Shipping: 2.50
Within U.S.A.
Destination, rates & speeds

6.

Hans-Werner Sinn
Published by Oxford University Press (2012)
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Softcover Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)
Rating
[?]

Book Description Oxford University Press, 2012. Condition: New. book. Seller Inventory # MB010IKGSBG

More information about this seller | Contact this seller

Buy New
19.69
Convert currency

Add to Basket

Shipping: 2.50
Within U.S.A.
Destination, rates & speeds

7.

Hans-Werner Sinn
Published by Oxford University Press, United Kingdom (2012)
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Paperback Quantity Available: 10
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description Oxford University Press, United Kingdom, 2012. Paperback. Condition: New. Reprint. Language: English . Brand New Book. In Casino Capitalism Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main Street to gamble with real estate properties. He meticulously describes the process of lending to American homeowners and criticizes both the process of securitizing and selling mortgage claims to the world, as well as the poor job rating agencies did in providing transparency. He argues that the American Dream has ended because the world now realizes that this dream was built on loans that are never likely to be repaid. Sinn also asserts that the banking crisis has not yet been resolved, because the necessary write-offs of toxic assets have largely been swept under the carpet. Comparing actual worldwide write-offs with those estimated by the IMF estimates, he concludes that substantial parts, if not most, of the true losses have yet to be revealed and that the banking systems of many countries are on the brink of insolvency. In view of this, he directs sharp criticism at the various economic rescue packages, arguing that the plans assume that banks have a liquidity problem while, in fact, they suffer from a solvency crisis. Sinn points out that the conflict between the goals of rescuing banks in the short term and inducing more prudent behaviour in the long term requires the government to help the banks, but not their shareholders, by becoming a temporary co-owner. In addition, he calls for higher equity requirements, a worldwide return to more cautious accounting methods, a ban on extremely speculative short selling, and strict regulations on conduits, hedge funds and credit default swaps. This authoritative account provides an invaluable overview for academics, students, policymakers, politicians, and all those with an interest in the unprecedented 2008 banking crisis. Seller Inventory # AOP9780199659883

More information about this seller | Contact this seller

Buy New
22.65
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

8.

Hans-Werner Sinn
Published by Oxford University Press, United Kingdom (2012)
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Paperback Quantity Available: 10
Seller:
Book Depository International
(London, United Kingdom)
Rating
[?]

Book Description Oxford University Press, United Kingdom, 2012. Paperback. Condition: New. Reprint. Language: English. Brand new Book. In Casino Capitalism Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main Street to gamble with real estate properties. He meticulously describes the process of lending to American homeowners and criticizes both the process ofsecuritizing and selling mortgage claims to the world, as well as the poor job rating agencies did in providing transparency. He argues that the American Dream has ended because the world now realizes that this dream was built on loans that are never likely to be repaid. Sinn also asserts that the banking crisis has not yet been resolved, because the necessary write-offs of toxic assets have largely been swept under the carpet. Comparing actual worldwide write-offs with those estimated by the IMF estimates, he concludes that substantial parts, if not most, of the true losses have yet to be revealed and that the banking systems of many countries are on the brink of insolvency. In view of this, he directs sharp criticism at the various economic rescue packages, arguing that the plans assume that banks have a liquidity problem while, in fact, they suffer from a solvency crisis. Sinn points out that the conflict between the goals of rescuing banks in the short term and inducing more prudent behaviour in the long term requires the government to help the banks, but not their shareholders, by becoming a temporary co-owner. In addition, he calls for higher equityrequirements, a worldwide return to more cautious accounting methods, a ban on extremely speculative short selling, and strict regulations on conduits, hedge funds and credit default swaps. This authoritative account provides an invaluable overview for academics, students, policymakers, politicians, and all those with an interest in the unprecedented 2008 banking crisis. Seller Inventory # AOP9780199659883

More information about this seller | Contact this seller

Buy New
23.44
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

9.

Hans-Werner Sinn
Published by Oxford University Press
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Paperback Quantity Available: 5
Seller:
THE SAINT BOOKSTORE
(Southport, United Kingdom)
Rating
[?]

Book Description Oxford University Press. Paperback. Condition: New. New copy - Usually dispatched within 2 working days. Seller Inventory # B9780199659883

More information about this seller | Contact this seller

Buy New
20.21
Convert currency

Add to Basket

Shipping: 6.94
From United Kingdom to U.S.A.
Destination, rates & speeds

10.

Hans-Werner Sinn
ISBN 10: 0199659885 ISBN 13: 9780199659883
New Quantity Available: 1
Seller:
Speedy Hen LLC
(Sunrise, FL, U.S.A.)
Rating
[?]

Book Description Condition: New. Bookseller Inventory # ST0199659885. Seller Inventory # ST0199659885

More information about this seller | Contact this seller

Buy New
27.72
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

There are more copies of this book

View all search results for this book