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list price: $14.95
edition:Paperback
also available: Paperback
category: Business & Economics
published: Feb 2009
ISBN:9781553653196
publisher: Douglas & McIntyre

Bubbles, Bankers & Bailouts

The Global Financial Crisis and How You Can Survive It

by John Reynolds

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Description

It arrived like an unpredicted midnight storm -- one day political leaders were praising Canada's strong economy, and the next day, they declared the country -- indeed the entire world -- had slipped into a deep recession.

 

How could such financial devastation occur so widely and rapidly? Who were these entities named Fannie Mae and Freddie Mac, and why should their actions affect us in Canada? What caused a massive insurance company to declare losses of hundreds of billions of dollars? Where will it end -- at your workplace, your doorstep, or your savings account and RRSP?

 

Bubbles, Bankers & Bailouts addresses these concerns in a direct, informative and often wry manner. Employing an entertaining narrative followed by a comprehensive Q&A format, Bubbles, Bankers & Bailouts cuts through business jargon and over-hyped commentary to deal with serious issues such as: How safe is my job? Where will it end? What can I do to protect my financial situation? Why is this changing international finance forever? Will it affect Canada less than other countries? Or more than them?

About the Author

John Reynolds

John Lawrence Reynolds is the author of almost two dozen non-fiction books, including Bubbles, Bankers and Bailouts, the national bestseller The Naked Investor, and Free Rider: How a Bay Street Whiz Kid Stole and Spent $20 Million, winner of the National Business Book Award. He has also won two Arthur Ellis Awards for best mystery novel, a National Magazine Award, and an Author's Award from the Foundation for the Advancement of Canadian Letters. He lives in Burlington, Ontario.
Editorial Reviews

"It's a slim tome of 122,000 words and uses a simple question-and-answer format, ranging from 'What the heck happened?' to 'What will happen with the stock market?'...All in all, a concise non-hysterical assessment of where we've come and some sensible suggestions on how to ride out the rest of the storm."

— Vancouver Sun

"[John Lawrence Renolds] is realistic and in places amusing as he tries to synthesize into a 'big picture' what the mass media have been throwing at us piecemeal every day sine the crisis began."

— National Post
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