The Financial Crisis of 2008

A History of US Financial Markets 2000–2012

Barrie A. Wigmore

• Publisher: Cambridge University Press
• Year: 2021
• ISBN:
  9781108950039
• Topic: Economics
• Subtopic: Macroeconomics
• Index: Economics

Supported by ten years of research, Wigmore has gathered extensive data covering the 2008 financial crisis and subsequent recovery to provide the first comprehensive history of the period. Financial crises cannot occur unless institutional investors finance the bubbles that created them. Wigmore follows the trail of data putting pressure on institutional investors to achieve higher levels of returns that led to over-leverage throughout the financial system and placed such a burden on recovery. Here is a 'very good picture - and painful reminder - of the crisis' evolution across multiple asset classes, structures, participants, and geographies.' This work serves as a critical analysis of modern portfolio management and an important reference work for financial professionals, academics, investors, and students.

Table of contents

• Cover
• Half-title page
• Series page
• Title page
• Copyright page
• Dedication
• Contents
• Introduction
• 1 The Heritage of the Hi-Tech Bubble 2000–2004
• 2 The Stretch for Higher Returns 2004–2006
• 3 The Impending Storm – 2007
• 4 The Crisis – 2008
• 5 What Caused the Crisis?
• 6 The Initial Obama Administration 2009
• 7 Recovery 2010–2012
• 8 Epilogue 2012–2016
• Acknowledgments
• List of Charts
• List of Tables
• List of Acronyms
• Bibliography
• Index