Financial Market Meltdown: Everything You Need To Know To Understand And Survive The Global Credit Crisis

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Mellyn's update of Lombard Street achieves the rare combination of being a book about finance that is both informative AND entertaining. His tour through the evolution of modern finance works both for the layman and the professional -- it's a sure bet there are tidbits in here that even the most interested students of economic and financial history have not heard before. Add to that his wry takes on why we all do what we do when we do it with our (and other people's) money, and you've got a book that feels worth the time spent.

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FINANCIAL MARKET MELTDOWN t FINANCIAL MARKET MELTDOWN t Everything You Need to Know to Understand and Survive the Global Credit Crisis KEVIN MELLYN PRAEGER An Imprint of ABC-CLIO, LLC Copyright 2009 by Kevin Mellyn All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, except for the inclusion of brief quotations in a review, without prior permission in writing from the publisher. Library of Congress Cataloging-in-Publication Data Mellyn, Kevin. Financial market meltdown : everything you need to know to understand and survive the global credit crisis / Kevin Mellyn. p. cm. Includes index. Also available on the Web as an ebook. ISBN 978-0-313-37776-1 (hard copy : alk. paper) – ISBN 978-0-313-37777-8 (ebook) 1. Finance–United States–History–21st century. 2. Financial crises–United States–History–21st century. I. Title. HB3722.M45 2009 332.0973–dc22 2009029157 ISBN: 978-0-313-37776-1 EISBN: 978-0-313-37777-8 13 12 11 10 09 1 2 3 4 5 This book is also available on the World Wide Web as an eBook. Visit www.abc-clio.com for details. Praeger An Imprint of ABC-CLIO, LLC ABC-CLIO, LLC 130 Cremona Dr