Living It. Interpreting the Great Recession and Subsequent Recovery, Volume I

      Аннотация: Writing about current events requires that the author be engaged in what is going on in the world in “real time.” You have to live and breathe what is happening. Writing about the Great Recession right from the beginning and then continuing to write through the following period of economic recovery, both in the United States and in Europe, means that you live the events daily. You live the actions of the Federal Reserve System and the European Central Bank. You live the creation of the Troubled Asset Relief Program (TARP) with Treasury Secretary Paulson and Fed Chairman Bernanke. You live through the bailout of Bear, Stearns and the failure of Lehman Brothers. You live through the government assumption of Fannie Mae and Freddie Mac. You live through rising unemployment figures and bankruptcies and real estate foreclosures. That is why this book is titled “Living It” because I did! In reading this book you should get some sense of how history unrolled during this remarkable time." All the posts in this book were published on 'Seeking Alpha' the most popular blog aggregator in the world, covering finance, investments and economics."

Ключевые слова: Banking, History, Recession, Economy, USA, Recovery, Debt, Finance, Alpha, Crisis