Publisher's Synopsis
Twenty-Eight Days: A History Of The Banking Crisis is a book written by C.C. Colt that delves into the 2008 financial crisis that shook the global economy. The book takes its title from the critical period of 28 days in September 2008, during which the US government intervened to rescue several major banks from collapse. The author provides a detailed account of the events leading up to the crisis, the actions taken by the government and financial institutions to address it, and the aftermath. Colt explores the complex financial instruments and practices that contributed to the crisis, such as subprime mortgages, credit default swaps, and securitization. The book also examines the impact of the crisis on individuals and communities, including the loss of jobs, homes, and retirement savings. Colt highlights the role of regulators, politicians, and industry leaders in the crisis and the debates that ensued about the appropriate response. Overall, Twenty-Eight Days offers a comprehensive and accessible overview of the banking crisis, its causes, and its consequences. It is a valuable resource for anyone interested in understanding the complexities of modern finance and the challenges of regulating it.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.