IC Book Club 

Where did it all go so wrong? Books on the financial crisis

Alistair Blair

The banks lent money to people who couldn't repay. They failed to realise that they were lending so much to certain sectors of the economy, that the infusion of money made these sectors appear more prosperous than in fact they were. At the same time, banking practice moved on. Banks ceased to lend their own money, or even their customers'. Once they had made a loan, they sold it. Their salesforces pressed banks' new wares on unsuspecting investors in every corner of the world.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now