Picture 1 of 1
Casino Capitalism: How The Financial Crisis Came About And What Needs To Be Done
Condition:
Price:
£11.83
ApproximatelyEUR 14.02
- Buy it nowCasino Capitalism: How The Financial Crisis Came About And What Needs To Be Done
Postage:
Located in: Rossendale, United Kingdom
Delivery:
Estimated between Fri, 14 Jun and Wed, 3 Jul to 43230
Returns:
Payments:
Shop with confidence
Seller information
- 99.2% positive Feedback
Registered as a business seller
Seller assumes all responsibility for this listing.
eBay item number:134369947300
Item specifics
- Condition
- Book Title
- Casino Capitalism: How The Financial Crisis Came A
- ISBN
- 9780199659883
- Publication Year
- 2012
- Type
- Textbook
- Format
- Paperback
- Language
- English
- Publication Name
- Casino Capitalism: How the Financial Crisis Came about and What Needs to Be Done Now
- Item Height
- 233mm
- Publisher
- Oxford University Press
- Item Width
- 164mm
- Subject
- Economics, Finance
- Item Weight
- 584g
- Number of Pages
- 400 Pages
About this product
Product Information
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.
Product Identifiers
Publisher
Oxford University Press
ISBN-13
9780199659883
eBay Product ID (ePID)
115958205
Product Key Features
Publication Name
Casino Capitalism: How the Financial Crisis Came about and What Needs to Be Done Now
Format
Paperback
Language
English
Subject
Economics, Finance
Publication Year
2012
Type
Textbook
Number of Pages
400 Pages
Dimensions
Item Height
233mm
Item Width
164mm
Item Weight
584g
Additional Product Features
Country/Region of Manufacture
United Kingdom
Item description from the seller
Business seller information
Revival Books Ltd
Revival Books
Hall Carr Mill
Fallbarn Road
Rawtenstall
Lancashire
BB4 7NX
United Kingdom
Value added tax number:
- GB 901578627
Trade registration number:
- 07693718
I certify that all my selling activities will comply with all EU laws and regulations.
CRN Number:
- 07693718
Seller assumes all responsibility for this listing.
eBay item number:134369947300
Postage and packaging
Item location:
Rossendale, United Kingdom
Posts to:
Worldwide
Excludes:
Afghanistan, Albania, Austria, Belarus, Bulgaria, Channel Islands, China, Estonia, French Polynesia, Germany, India, Israel, Latvia, Libya, Mexico, Montenegro, Morocco, Nauru, Nepal, Philippines, Russian Federation, Saudi Arabia, Serbia, Somalia, South America, Sri Lanka, Switzerland, Ukraine, Vietnam, Yemen
| Postage and packaging | To | Service | Delivery*See Delivery notes |
|---|---|---|---|
| £13.70 (approx EUR 16.23) | United States | Standard Delivery (Standard Int'l Postage) |
| Dispatch time |
|---|
| Will usually dispatch within 1 working day of receiving cleared payment. |
| Taxes |
|---|
| Taxes may be applicable at checkout. Learn moreLearn more about paying tax on eBay purchases. |
Sales tax for an item #134369947300
Sales tax for an item #134369947300
Seller collects sales tax/VAT for items dispatched to the following states:
| County | VAT rate |
|---|
Returns policy
| After receiving the item, cancel the purchase within | Return postage |
|---|---|
| 30 days | Buyer pays for return postage |
The buyer is responsible for return postage costs.
| Return policy details |
|---|
| Returns accepted |
Most Buy It Now purchases are protected by the Consumer Rights Directive, which allow you to cancel the purchase within seven working days from the day you receive the item. Find out more about your rights as a buyer and exceptions.
Payment details
Payment methods
Registered as a business seller
Seller Feedback (2,416,860)
c***k (1538)- Feedback left by buyer.
Past month
Verified purchase
First class seller book like new. Free delivery and very low prices. Delighted
t***r (1183)- Feedback left by buyer.
Past month
Verified purchase
Lovely item, sent swiftly.
v***n (172)- Feedback left by buyer.
Past month
Verified purchase
Great.
More to explore:
- What Car? Magazines,
- What Investment Magazines,
- All about Soap Magazines,
- Financial Accounting Adult Learning & University Books,
- What Car? Magazines in English,
- What Car? August Magazines,
- September What Car? Magazines,
- What Car? Monthly Magazines,
- November What Car? Magazines in English,
- What Car? Cars, 1980s Magazines