Cover of D. Chorafas: Capitalism Without Capital

D. Chorafas Capitalism Without Capital

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Palgrave Macmillan UK

2009

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978-0-230-25102-1

0-230-25102-1

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This book examines the banking crisis of July/August 2007 and its ensuing after-effects in 2008-2009: economic crisis, credit crunch, massive recapitalization of some banks and nationalization of other banks. The author offers his views on the factors which led to this global financial catastrophe and how it could have been avoided.

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