Checking the Banks

By Tom Sgouros

Book Overview

"This is a marvelous book Well-written-even enjoyable to read-about local banking Packed with important information, not only for the expert, but for anyone, activist or public official, Put it on top of your reading pile "
- Gar Alperovitz, author of What Then Must We Do?

"A clear, accessible, practical, grounded, and authoritative intro- duction to how banks account for their use of your money."
- David Korten, author of Agenda for a New Economy: From Phantom Wealth to Real Wealth

What do they think they're doing?

The global network of banks, brokers, funds, dealers, servicers, and all the rest is a marvel of the 21st century-for better and frequently worse. In the aftermath of the worst financial crisis in a generation, there has never been a more important time to understand how the system works... and why it doesn't.

Checking the Banks is an easy-to-read primer on how a bank-and the banking system-works. Complex ideas, like bank capital, leverage, risk-weighting, and repo transactions are explained in clear, understandable language.

This is a book for

People who want to understand banks,

Activists determined to change them,

Reformers seeking to build alternatives.

• Format: Paperback
• Language: English
• ISBN: 098247072X
• ISBN13: 9780982470725
• Release Date: November 2013
• Publisher: Manual Writing, Na
• Length: 220 Pages
• Weight: 1.70 lbs.
• Dimensions: 0.5" x 5.5" x 8.5"