Slapped by the Invisible Hand

Discover the inner workings of the securitized-banking system and how it contributed to the financial crisis of 2007 with Slapped by the Invisible Hand. Written by Gary Gorton, this book offers unparalleled insight as an expert in banking panics and key insider during the collapse. Gain a crystal clear understanding of complex terms like subprime mortgage, credit derivatives, and securitization, and how these played a role in the wholesale panic involving institutions that made the system insolvent. Don't miss the chance to gain a convincing take on the economic meltdown that many consider essential reading.