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5.0 out of 5 stars Wonderful intro-level book, August 29, 2010
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This review is from: The Fall of the House of Credit: What Went Wrong in Banking and What can be Done to Repair the Damage? (Hardcover)
I rarely write reviews. But this is an exception. This is a excellent book, in that not only the author holds a very different view about the financial crisis than most of others, but also the author's step-by-step explanation is extremely helpful. The author, Alistair Milne, spend a big chunk of time on explaining many financial jargons and how the banking system works, make sure you can very well understand them before take you to the next step: what and how exactly caused the financial crisis.

Another thing worth to mention is that this book includes a lot of references that can be available for your further study on this subject.

In sum, if you have little or no financial background and you want to understand the current financial crisis in desperation, go and buy this book. This book is not written for Wall Street pundits, but for you.

Mego.
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The Fall of the House of Credit: What Went Wrong in Banking and What can be Done to Repair the Damage?
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