Download PDF , by Sheila Bair
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, by Sheila Bair
Download PDF , by Sheila Bair
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Product details
File Size: 5414 KB
Print Length: 273 pages
Publisher: Simon & Schuster Books for Young Readers; Reprint edition (April 14, 2015)
Publication Date: April 14, 2015
Language: English
ASIN: B00C0CPDSA
Text-to-Speech:
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Amazon Best Sellers Rank:
#1,124,450 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
At times it seemed to be directed to a younger audience but the message was extremely clear. The majority of the government effort was to save the banks and those who profited from the schemes they dreamed up to make money for themselves. Any effort to help the regular folks that got caught up in the fallout were designed to be as difficult as possible to qualify for or were largely ineffective. Certainly, no member of the working class had money handed to them in the manner that the banks received. A real lesson in how our society rewards those who have plenty with more, even when they are doing wrong.
Finished reading “Bulliesâ€. Only now calming down. Shakes my confidence in our financial system. Thank you Sheila Bair and others like you who fight for common sense and fairness, and who are in a position to make a difference. Every American — not only our young people — need to read your book. I’m sharing mine with friends and family alike, or encouraging them to buy a copy.
Sheila Bair is great. She should be given much more publicity in discussion of the financial crisis. Most of the discussion focuses on Geithner, Paulson, and Bernanke. She did a lot to make sure policy makers considered the little person mixed up in the crisis, although not fully successful due to the influence of the big banks. She provides much clarity in explaining the crisis.
This was very informative and easy reading (juvenile literature!). The very first story made me cry. Since Ms. Bair lived through the real estate crash and had direct influence in how it was handled through her role at FDIC, a true insider's viewpoint of what went wrong with hedge funds, mortgages, and banking. Now, if we could just fix it!
Although most of this is past knowledge it is still an informative book by a person who would like to see my country escape from the clutches of "Greed". Unfortunately, few people seem to care.
Although the reading level is quite low, middle school , it is accurate and to the point. It also destroys the concept of "To big to fail" as dangerous and not needed.
Everyone should read this - great source of explanations and easy to follow and understand the financial debacle
Easy but interesting read. Strongly recommended for high school students. A bit basic for many investors.
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