13 Bankers: The Wall Street Takeover and the Next Financial Meltdown

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13 Bankers: The Wall Street Takeover and the Next Financial Meltdown Investing
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Inspite 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. Six megabanks claim assets amounting to more than 60% of the country's gross domestic product - wihile exercising oligarchic clout in the global economy. This timely account of the troubled U.S. political economy charts the rise to power of the financial sector and forecefully argues breaking up the big banks to avoid future financial catastrophes. Notes, Further Reading, Index. 316p. argues for breaking up the big banks if we want to avoid future financial catastrophes.

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