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Going for Broke By Russell F. Taylor

Going for Broke
by Russell F. Taylor

In Stock
£4.49
The author analyzes the banking revolution in which he was intimately involved. He offers some hope that current banking losses will not trigger a world depression, as they did in the 1930s, but he does suggest that this new crisis will force banking reform onto the political agenda.
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Going for Broke Summary


Going for Broke: How Banking Mismanagement in the Eighties Lost Billions by Russell F. Taylor

This is the grim story of how, in the 1980s, bankers forgot Aesop's fable of the dog with the bone. Of how, by coveting their neighbour's business rather than nurturing their own, bankers lost their reputations, their profits and a fabulous amount of their customers' money. Unfortunately for all of us, such enormous sums cannot simply disappear. As the banks struggle to restore their solvency we, taxpayers, customers or shareholders, will have to shoulder the cost of an extraordinary string of financial disasters. In this book, the author analyzes the banking revolution in which he was intimately involved. In conclusion, he offers some hope that current banking losses will not trigger a world depression, as they did in the 1930s, but he does suggest that this new crisis will force banking reform onto the political agenda.

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Additional information

GOR004820056
Going for Broke: How Banking Mismanagement in the Eighties Lost Billions by Russell F. Taylor
Russell F. Taylor
Used - Very Good
Paperback
Simon & Schuster Ltd
1994-01-04
336
0671712918
9780671712914
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.