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The book uncovers extensive fraud and insider misconduct by bankers, alongside corrupt political collusion, that led to the Chicago banking crisis of 1932. It offers a new perspective on how these actions transformed the financial turmoil of the early 1930s into the prolonged Great Depression. Additionally, it advocates for greater transparency in the banking regulatory system to avert future crises like Enron and the 2008 financial meltdown.
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Panic in the Loop, Raymond B. Vickers
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- Année de publication
- 2013
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