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Author: Timothy J. Sinclair Publisher: Cornell University Press ISBN: 1501760262 Category : Business & Economics Languages : en Pages : 227
Book Description
To the Brink of Destruction exposes how America's rating agencies helped generate the global financial crisis of 2007 and beyond, surviving and thriving in the aftermath. Despite widespread scrutiny, rating agencies continued to operate on the same business model and wield extraordinary power, exerting extensive influence over public policy. Timothy J. Sinclair brings the shadowy corners of this story to life by examining congressional testimony, showing how the wheels of accountability turned—and ultimately failed—during the crisis. He asks how and why the agencies risked their lucrative franchise by aligning so closely with a process of financial innovation that came undone during the crisis. What he finds is that key institutions, including the agencies, changed from being judges to being advocates years before the crisis, eliminating a vital safety valve meant to hinder financial excess. Sinclair's well-researched investigation offers a clear, accessible explanation of structured finance and how it works. To the Brink of Destruction avoids tired accusations, instead providing novel insight into the role rating agencies played in the worst crisis of modern global capitalism.
Author: Timothy J. Sinclair Publisher: Cornell University Press ISBN: 1501760262 Category : Business & Economics Languages : en Pages : 227
Book Description
To the Brink of Destruction exposes how America's rating agencies helped generate the global financial crisis of 2007 and beyond, surviving and thriving in the aftermath. Despite widespread scrutiny, rating agencies continued to operate on the same business model and wield extraordinary power, exerting extensive influence over public policy. Timothy J. Sinclair brings the shadowy corners of this story to life by examining congressional testimony, showing how the wheels of accountability turned—and ultimately failed—during the crisis. He asks how and why the agencies risked their lucrative franchise by aligning so closely with a process of financial innovation that came undone during the crisis. What he finds is that key institutions, including the agencies, changed from being judges to being advocates years before the crisis, eliminating a vital safety valve meant to hinder financial excess. Sinclair's well-researched investigation offers a clear, accessible explanation of structured finance and how it works. To the Brink of Destruction avoids tired accusations, instead providing novel insight into the role rating agencies played in the worst crisis of modern global capitalism.
Author: John Hughes-Wilson Publisher: John Blake ISBN: 1789463386 Category : History Languages : en Pages : 358
Book Description
'It is certainly a good thing for the world that Hitler's crowd or Stalin's did not discover this atomic bomb. It seems to be the most terrible thing ever discovered' - US President Harry S. Truman Truman evidently understood the terrifying power of atomic weaponry, but no one could have realised its full potential when he ordered the bombings of Hiroshima and Nagasaki in August 1945. Those military attacks, along with the disasters at the Fukashima and Chernobyl nuclear reactors, might immediately spring to mind at the mention of nuclear destruction, but the vast majority of the events recorded in this book are entirely unknown to most people. This book records the facts - many of them still shrouded in secrecy - which show a worrying truth: we have teetered precariously on the brink of Armageddon far more frequently than the general public realises. Since that first and last atomic war in 1945, there have been a terrifying number of nuclear accidents and mishaps, from the careless or accidental to the genuinely intentional and only narrowly averted. Despite the catastrophic nature of any nuclear conflict, we have come to the very borders of such a situation ten times since the 1960s. Most people know about the Cuba Missile Crisis, and a few about Operation Able Archer in 1984, which, if anything, was even more frightening than Cuba, but there have been eight other occasions that might easily have toppled over into outright war. These were potential conflicts; but there have been other accidents, such as the reactor meltdown at the nuclear generating plant at Three Mile Island, Pennsylvania, in 1979, or the 'Palomares Incident' in 1966, when a USAF B-52 bomber crashed after a mid-air collision, dropping four hydrogen bombs on Spanish soil . . . Eve of Destruction is a warning from history - recent history. It is a call to sit up and listen, and to take note of the very real danger of nuclear catastrophe. It is a timely and important book because, after all, the future of our planet has to concern us all.
Author: David W. Dickey Publisher: Tate Publishing ISBN: 1616638370 Category : Fiction Languages : en Pages : 320
Book Description
As I mingled among my fellow graduates, my view of the future did not extend much beyond the following day, when I would be heading to the beach. College in the fall was too far in the future to contemplate now. The only days that held relevance were the next ninety-nine, which would fashion what I hoped to be my best summer yet. So begins The Eve of Destruction, David Dickey's coming-of-age tale about the summer of 1965, a tranquil time when the country rested unwittingly on the brink of a cultural revolution. Follow eighteen-year-old Dane, Woody, and the crew around their Southern California neighborhoods as they experience the ups and downs of friendship and young love, and wrestle with some of life's basal choices. Join them on misadventures and general teenage mischief as they seek revelry and endure summer jobs. With music, cars, and popular culture of the decade woven into the backdrop, The Eve of Destruction is a nostalgic story about the 1960's and a worthy ode to the Boomer generation.
Author: Lawrence Osborne Publisher: Hogarth ISBN: 0804137994 Category : Fiction Languages : en Pages : 273
Book Description
A riveting tale of risk and obsession set in the alluring world of Macau’s casinos, by the author of the critically acclaimed The Forgiven. As night falls on Macau and the neon signs that line the rain-slick streets come alive, Doyle – “Lord Doyle” to his fellow players – descends into his casino of choice to try his luck at the baccarat tables that are the anchor of his current existence. A corrupt English lawyer who has escaped prosecution by fleeing to the East, Doyle spends his nights drinking and gambling and his days sleeping off his excesses, continually haunted by his past. Taking refuge in a series of louche and dimly lit hotels, he watches his fortune rise and fall as the cards decide his fate. In a moment of crisis he meets Dao-Ming, an enigmatic Chinese woman who appears to be a denizen of the casinos just like himself, and seems to offer him salvation in the form of both money and love. But as Doyle attempts to make a rare and true connection, all that he accepts as reality seems to be slipping from his grasp. Resonant of classics by Dostoevsky and Graham Greene, The Ballad of a Small Player is a timeless tale steeped in eerie suspense and rich atmosphere.
Author: John O'Brian Publisher: Intellect Books ISBN: 9781841504315 Category : Cold War Languages : en Pages : 0
Book Description
Atomic postcards played an important role in creating and disseminating a public image of nuclear power. Presenting small-scale images of test explosions, power plants, fallout shelters, and long-range missiles, the cards were produced for mass audiences in China, the United States, the Soviet Union, and Japan, and they link the multilayered geographies of Atomic Age nationalism and tourism. From the unfailingly cheery slogans--"Greetings from Los Alamos"--to blithe, handwritten notes and no-irony-intended "Pray for Peace" postmarks, these postcards mailed from the edge of danger nonetheless maintain the upbeat language of their medium. With 150 reproductions of cards and handwritten messages dating from the 1945 bombing of Hiroshima and Nagasaki to the end of the Cold War, Atomic Postcards offers a fascinating glimpse of a time when the end of the world seemed close at hand.
Author: Assistant Professor of History Shirli Gilbert Publisher: Oxford University Press on Demand ISBN: 0199277974 Category : History Languages : en Pages : 262
Author: Charles Sydnor Publisher: Princeton University Press ISBN: 9780691008530 Category : History Languages : en Pages : 400
Book Description
Surveys the emergence of the Nazi SS and its Death's Head Division, noting the impact of this elite and powerful army upon military history.
Author: Marc Ambinder Publisher: Simon & Schuster ISBN: 1476760381 Category : History Languages : en Pages : 384
Book Description
“An informative and often enthralling book…in the appealing style of Tom Clancy” (Kirkus Reviews) about the 1983 war game that triggered a tense, brittle period of nuclear brinkmanship between the United States and the former Soviet Union. What happened in 1983 to make the Soviet Union so afraid of a potential nuclear strike from the United States that they sent mobile ICBMs (intercontinental ballistic missiles) into the field, placing them on a three-minute alert Marc Ambinder explains the anxious period between the United States and the Soviet Union from 1982 to 1984, with the “Able Archer ’83” war game at the center of the tension. With astonishing and clarifying new details, he recounts the scary series of the close encounters that tested the limits of ordinary humans and powerful leaders alike. Ambinder provides a comprehensive and chilling account of the nuclear command and control process, from intelligence warnings to the composition of the nuclear codes themselves. And he affords glimpses into the secret world of a preemptive electronic attack that scared the Soviet Union into action. Ambinder’s account reads like a thriller, recounting the spy-versus-spy games that kept both countries—and the world—in check. From geopolitics in Moscow and Washington, to sweat-caked soldiers fighting in the trenches of the Cold War, to high-stakes war games across NATO and the Warsaw Pact, “Ambinder’s account of a serious threat of global annihilation…is spellbinding…a masterpiece of recent history” (Publishers Weekly, starred review). The Brink serves as the definitive intelligence, nuclear, and national security history of one of the most precarious times in recent memory and “shows the consequences of nuclear buildups, sometimes-careless language, and nervous leaders. Now, more than ever, those consequences matter” (USA TODAY).
Author: Howard Blum Publisher: Harper Collins ISBN: 0061980854 Category : History Languages : en Pages : 384
Book Description
On October 6, 1973—Yom Kippur, the holiest day of the Jewish calendar—the Arab world launched a bold and ingeniously conceived surprise attack against Israel. After three days of intense, bloody combat, an unprepared Israel was fighting for survival, while the Arabs, with massive forces closing in on the Jewish heartland, were poised to redeem the honor lost in three previous wars. Based on declassified Israeli government documents and revealing interviews with soldiers, generals, and intelligence operatives on both sides of the conflict, The Eve of Destruction weaves a suspenseful, eye-opening story of war, politics, and deception. It also tells the moving human tale of the men and women who fought to maintain love and honor as their lives and destinies were swept up in the Yom Kippur War.
Author: Jennifer Anne Davis Publisher: Reign Publishing ISBN: 1732366128 Category : Young Adult Fiction Languages : en Pages : 403
Book Description
Allyssa was raised as royalty. Savenek had been trained as a spy. Allyssa grew up doted on by her parents. Savenek's adoptive father had often shown his love through strict training and discipline. Allyssa died too soon, loved and mourned by her kingdom. Savenek is supposed to take her place, but struggles to win the hearts of the people and parents who don't know him. When Savenek finally settles in to life at court, Allyssa shows up alive, in time for their seventeenth birthday celebration. Everything in Savenek's life feels like it’s exploding again. While Allyssa has managed to stop the war with Russek and form a powerful alliance, Savenek knows there is a greater danger surrounding them. As Emperion teeters on the brink of war, a much more personal battle plays out between twin siblings. If Allyssa and Savenek want to save their kingdom from being destroyed, they must learn to work together, trust one another, and rely on each other. When duty, loyalty, and family clash, can there be room for two royal heirs? Especially when one is being a royal pain?
Author: Timothy J. Sinclair
Author: Timothy J. Sinclair
Author: John Hughes-Wilson
Author: David W. Dickey
Author: Lawrence Osborne
Author: John O'Brian
Author: Assistant Professor of History Shirli Gilbert
Author: Charles Sydnor
Author: Marc Ambinder
Author: Howard Blum
Author: Jennifer Anne Davis