Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street

Unabridged Audiobook

Written By: Kathleen Day

Narrated By: Bernadette Dunne

Publisher: Blackstone Audiobooks

Date: November 2019

Duration: 15 hours 43 minutes

Summary:

A history of major financial crises-and how taxpayers have been left with the bill

In the 1930s, battered and humbled by the Great Depression, the US financial sector struck a grand bargain with the federal government. Bankers gained a safety net in exchange for certain curbs on their freedom: transparency rules, record-keeping and anti-fraud measures, and fiduciary responsibilities. Despite subsequent periodic changes in these regulations, the underlying bargain played a major role in preserving the stability of the financial markets as well as the larger economy. By the free-market era of the 1980s and 90s, however, Wall Street argued that rules embodied in New Deal-era regulations to protect consumers and ultimately taxpayers were no longer needed-and government agreed.

This engaging history documents the country's financial crises, focusing on those of the 1920s, the 1980s, and the 2000s, and reveals how the two more recent crises arose from the neglect of this fundamental bargain.

Genres:

Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street

by Kathleen Day

has successfully been added to your shopping cart

Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street, Kathleen Day
Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street, Kathleen Day
This title is due for release on November 12, 2019.

Enter your email below to be notified as soon as it is available!

By clicking "Notify Me" you consent to receiving electronic marketing communications from Audiobooks.com. You will be able to unsubscribe at any time.

Already a member? Log In to add this title to your wishlist.
Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street, Kathleen Day
This title is due for release on November 12, 2019
We'll send you an email as soon as it is available!

Already a member?
Log in to add this title in your wishlist
Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street, Kathleen Day
Please Log in and add this title to your wishlist.
Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street, Kathleen Day

We will send you an email as soon as this title is available.