crash: Why it happened and what to do about it

crash
Why it happened and what to do about it

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Contents
Introduction
Part 1: Why it happened

1. High finance — a game of risk:
Subprimes, ninja loans, derivatives and other financial fantasies
Frédéric Lordon

2. The global economy bubble equilibrium
Ian Fletcher

3. The housing bubble and the financial crisis
Dean Baker

4. Global finance in crisis
Jacques Sapir

5. End-of-the-world trade
Donald MacKenzie

6. What’s in a number? The importance of LIBOR
Donald MacKenzie

Part 2: What to do about it

7. How to deal with the US financial crisis
Claude Hillinger

8. The crisis and what to do about it
George Soros

9. Progressive conditions for a bailout
Dean Baker

10. Statement to the U.S. House of Representatives
James K. Galbraith

11. The triumph – and costs – of greed (Part I)
Clive Dilnot

12. Reforming the world's international money
Paul Davidson