The Lost Bank

The Story of Washington Mutual-the Biggest Bank Failure in American History
eAudio - unabridged
Audio (14.12 hours)
Product Number: Z100094636
Released: Jun 16, 2015
Business Term: Purchase
ISBN: #9781483060781
Narrator/s: Traber Burns
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Description

During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crippling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement and how the entire financial industry-and even the entire country-lost its way as well. Kirsten Grind's The Lost Bank is a magisterial and gripping account of these events, tracing the cultural shifts, the cockamamie financial engineering, and the hubris and avarice that made this incredible story possible. The men and women who become the central players in this tragedy-the regulators and the bankers, the home buyers and the lenders, the number crunchers and the shareholders-are heroes and villains, perpetrators and victims, often switching roles with one another as the drama unfolds. Written as compellingly as the finest fiction, The Lost Bank makes it clear that the collapse of Washington Mutual was not just the largest bank failure in American history. It is a story of talismanic qualities, reflecting the incredible rise and the precipitous collapse of not only an institution but of trust, fortunes, and the marketplaces for risk across the world.

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Author(s): Kirsten Grind
Original Publish Date: Jun 13, 2012

All formats/editions

eBook
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Author(s): Kirsten Grind
Product Number EB00561330
Released: Sep 11, 2014
Business Term: 2 Year
Publisher: Simon & Schuster
ISBN: #9781451617948

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