Meltdown How Greed and Corruption Shattered Our Financial System and How We Can Recover

by Vanden Heuvel, Katrina

• ISBN13: 9781568584331
• ISBN10: 1568584334
• Edition: 1st
• Format: Paperback
• Copyright: 2009-01-09
• Publisher: Bold Type Books

Summary

Americars"s economy is in meltdown. Banks have failed, foreclosures are sweeping the housing market, and stocks have suffered their worst losses since the Great Depression. Faced with a complex and spiraling crisis, the government has poured billions of taxpayer cash into a bailout with no end in sight.At every step of the way,The Nation, Americars"s oldest weekly magazine, has tackled the most urgent questions facing the nationrs"s leaders and its citizens with clarity and insight.Meltdowndraws together nearly twenty years of the best of their coverage of the financial crisis and explores what steps President Obama and his new administration must take to ensure a more secure future for everyone.Contributors include: William Greider on Alan Greenspanrs"s flawed ideology Robert Sherrill on why the bubble popped Thomas Frank on the rise of market populism Christopher Hayes on the coming foreclosure tsunami Barbara Ehrenreich on the implosion of capitalism Kai Wright on how the subprime crisis is bankrupting black America Naomi Klein on Bushrs"s final pillage Joseph E. Stiglitz on Henry Paulsonrs"s shell game Jesse Jackson on trickle-down economics Katrina vanden Heuvel and Eric Schlosser on why America needs a New New Deal

Author Biography

Katrina vanden Heuvel is the Editor and Publisher of The Nation, and the author of several books including Taking Back America and Dictionary of Republicanisms. She lives in New York City.