What Caused The Global Financial Crisis according to John Talbott

The Global Financial Crisis according to John Talbott

John Talbott is the author of the 2003 best seller The Coming Crash in the Housing Market, as well as Sell Now! The End of the Housing Bubble (2006), Contagion: The Financial Epidemic Sweeping the Global Economy (2008), The 86 Biggest Lies on Wall Street (2009), and How I Predicted the Global Economic Crisis (2011). Talbott previously worked as an investment banker for Goldman Sachs.

2. Which narrative presented by Douglas Elliott and Martin Baily of the Brookings Institute in Telling the Narrative of the Financial Crisis: Not Just a Housing Bubble best represents the causes of the Financial Crisis?

Wall Street and corporations caused it and government was paid by these entities to overturn old regs, not enact new ones and not enforce current ones.

3. The Global Financial Crisis
will go on far beyond 2013.

Talbott refers those interested in his opinions on the crisis causes and what needs to happen to his books noted above.

Compiled by Gary Karz, CFA
Host of InvestorHome

Global Financial Crisis Survey

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