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Whoops: Why Everyone Owes Everyone and No One Can Pay
[Paperback - 2010]
john lanchester
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Category: Business
Publisher: Penguin Uk | ISBN: 9780141045719 | Pages: 239
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Description

We are, to use a technical economic term, screwed. The cowboy capitalists had a party with everyone's money and now we're all paying for it. What went wrong? And will we learn our lesson - or just carry on as before, like celebrating surviving a heart attack with a packet of Rothmans? If you want to know, but are the sort of person who finds it hard to tell the difference between a CDO, a CDS, an MBS, and a toasted cheese sandwich, John Lanchester has mastered the finer points of finance so you don't have to. In Whoops he explains, in language everyone can understand, what really happened - and what on earth we do next.

About the Author

John Lanchester is the author of four novels and three books of non-fiction. He was born in Germany and moved to Hong Kong. He studied in UK. He is a regular contributor toThe New Yorkerand was awarded the 2008 E.M. Forster Award. He lives in London.

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