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Fligstein Neil. The Banks Did It: An Anatomy of the Financial Crisis. Harvard University Press,2021. — 334 p.. 2021

The financial crisis that began in the United States in 2007 created the most in­tense economic downturn in the United States since the Great Depression. The crisis not only engulfed the United States but also quickly spread to banks across western Europe. The ramifications of this crisis and the recession that followed are with us today. Not surprisingly, from the first moment of the crisis, scholars and journalists attempted to make sense of what happened. The search for the “cause” of the crisis brought about an avalanche of books and papers on the sub­ject. Many were journalistic accounts, some were memoirs, and still others were books rushed to press by economists, political scientists, and sociologists. An­drew Lo, a financial economist, reviewed twenty-one of these books in 2012 and declared, “No single narrative emerges from this broad and often contradictory collection of interpretations, but the sheer variety of conclusions is informative, and underscores the desperate need for the economics profession to establish a single set of facts from which more accurate inferences and narratives can be constructed”

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THE BANKS DID IT A LONG, STRANGE TRIP
FROM MORTGAGES TO MORTGAGE SECURITIZATION
THE RISE OF THE VERTICALLY INTEGRATED PRIVATE BANKS, 1993-2001
FINANCIALINNOVATION AND THE ALPHABET SOUP OF FINANCIAL PRODUCTS
THE SUBPRIME MOMENT, 2001-2008
THE CRISIS AND ITS SPREAD WORLDWIDE
FRAUD AND THE FINANCIAL CRISIS
WHY DID THE FEDERAL RESERVE MISS THE FINANCIAL CRISIS OF 2008?
THE BANKS DID IT (WITH THE HELP OF THE GOVERNMENT!)
More financial literature on Economics.Studio

Books and textbooks on the discipline Finance and credit:

  1. Alsharari Nizar Mohammad (ed.). Banking and Accounting Issues. ITexLi,2022. — 175 p. - 2022 ãîä
  2. Hare C., Neo D. (eds.). Trade Finance: Technology, Innovation and Documentary Credit. Oxford University Press,2021. — 417 p. - 2021 ãîä
  3. Cline W.. The Right Balance for Banks. Peterson Institute for International Economics,2017. — 281 p. - 2017 ãîä
  4. Banking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications. IGI Global,2014. — 1593 p. - 2014 ãîä
  5. Fridson M., Alvarez F.. Financial Statement Analysis. John Wiley & Sons, Inc.,2002. — 413 p - 2002 ãîä