books
dumb money how our greatest financial minds bankrupted the nation
the financial crisis that has gripped this country since last september has had so many twists and turns it would make for a great drama if it all were not so real and damaging . companies are shutting down and laying off workers 401ks are melting away and the government is spending 700 billion dollars to bail out banks and financial institutions and thats only the beginning . the financial services industry and the many industries that depend on it from housing to cars is in intensive care . br so what happened how did we get to this point of financial disaster is the economy just a huge madoff esque ponzi scheme it is a complicated and confusing story but daniel gross of newsweek has a special gift for making complicated matters easy to understand and even entertaining . in dumb money he offers a guide to the debacle and to what the future may hold . this is not so much a book about who did what though thats part of the story . rather it pieces together the building blocks of the debt fueled economy and distills the theory and personalities behind our late lamented easy money culture . dumb money is a book that finally lays it all out in an engaging way and might just help people invest their money smartly until the gloom passes .
paperback free press 2009 isbn13 9781439159873 isbn10 1439159874
abridged n isbn 13 9781439159873 number in series 1 number of pages 104 publisher simon & schuster release date 1239667200000