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  • Published: 1 July 2010
  • ISBN: 9781407021300
  • Imprint: Vintage Digital
  • Format: EBook
  • Pages: 368

The Gods That Failed

How the Financial Elite Have Gambled Away Our Futures




THE FIRST BOOK TO TELL THE TRUE STORY BEHIND THE CREDIT CRUNCH

You have been had.

MARKETS ARE NOT MAGIC.
DEBT IS NOT FREEDOM.
THE GODS HAVE FAILED.

A risk-prone, privatised profit-driven economic model overseen by a largely unaccountable, greedy and arrogant elite has resulted in one of the worst financial crises in history.

The over-paid heroes of Wall Street and the City worshipped the gods of globalisation, financialisation and speculation, and during the years of economic growth we, and our governments, worshipped them too. But high in the boardrooms of Mount Olympus, the reckless lust of banks for big bonuses and bigger profits led to excesses that have proved unsupportable.

The warning signs were ignored - now the Masters of the Universe are toppling and we're footing the bill.

Find out how an unregulated elite were able to run riot with your cash, and find out how to stop it happening again.

  • Published: 1 July 2010
  • ISBN: 9781407021300
  • Imprint: Vintage Digital
  • Format: EBook
  • Pages: 368

About the authors

Dan Atkinson

Dan Atkinson is a well-known commentator on economic and financial matters and is co-author of The Age of Insecurity, one of the most influential works about the political economy of the last few years. Formerly with The Guardian, he is now economics editor of The Mail on Sunday.