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The Crunch: The Scandal of Northern Rock and the Escalating Credit Crisis
 
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The Crunch: The Scandal of Northern Rock and the Escalating Credit Crisis (Paperback)

by Alex Brummer (Author)
4.2 out of 5 stars See all reviews (5 customer reviews)
RRP: £11.99
Price: £10.79 & this item Delivered FREE in the UK with Super Saver Delivery. See details and conditions
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Usually dispatched within 2 to 4 weeks.
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7 new from £9.71 8 used from £4.57

Frequently Bought Together

Customers buy this book with The Credit Crunch: Housing Bubbles, Globalisation and the Worldwide Economic Crisis by Graham Turner

The Crunch: The Scandal of Northern Rock and the Escalating Credit Crisis + The Credit Crunch: Housing Bubbles, Globalisation and the Worldwide Economic Crisis
Price For Both: £24.28

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Product details

  • Paperback: 320 pages
  • Publisher: Random House Business Books (3 Jul 2008)
  • Language English
  • ISBN-10: 1847940080
  • ISBN-13: 978-1847940087
  • Product Dimensions: 23.2 x 14.8 x 2.2 cm
  • Average Customer Review: 4.2 out of 5 stars See all reviews (5 customer reviews)
  • Amazon.co.uk Sales Rank: 65,830 in Books (See Bestsellers in Books)

    Popular in this category:

    #26 in  Books > Business, Finance & Law > Professional Finance > Banking

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Product Description

City AM
FOUR STARS 'A compelling and clear narrative about the financial crisis and its implications, skilfully providing simple explanations of technical banking concepts without patronising his readers'


Observer, 3 August 2008
`... he brings a journalist's relish to his task of revealing everything you wanted to know about the credit crunch but were too afraid to ask ... vivid ... fascinating ... reads like a thriller'

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Customer Reviews

5 Reviews
5 star:
 (2)
4 star:
 (2)
3 star:
 (1)
2 star:    (0)
1 star:    (0)
 
 
 
 
 
Average Customer Review
4.2 out of 5 stars (5 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
6 of 6 people found the following review helpful:
5.0 out of 5 stars A Layman`s guide to the credit crunch, 16 Jul 2008
By Mr. J. Chand - See all my reviews
(REAL NAME)   
If ever anyone wanted to know what the `credit crunch` was all about then look no further than this offering from `The Daily Mail`s`chief economic journalist- alex brummer.
The book explains how, why and who were the main protagonists in this unfolding financial drama.
From the background of Northern Rock`s woes to the exploits of jerome kerviel at societe general, all points are candidly covered in brummer`s typical style of writing.
There is even a glossary of financial jargon, which detail the often mysterious terms used by the professionls, expained in every-day english.
Well worth the money!

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6 of 6 people found the following review helpful:
5.0 out of 5 stars Rock Cruncher, 16 Jul 2008
By Mr. S. E. RAVEN "book junky" (London, England) - See all my reviews
(REAL NAME)   
Feeling the pinch of the credit crunch? So were Northern Rock, and foolishly, they chose to deal with it by hoarding funds, with disastrous repercussions. Alex Brummer's thorough and engagingly written account blows the whistle on the scandal of the troubled British bank.

This is the book Northern Rock didn't want you to read and Brummer's tight, journalistic style makes this an expose you can't afford to miss.
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2 of 2 people found the following review helpful:
4.0 out of 5 stars Excoriating but readable, 1 Oct 2008
By G. L. Haggett "glynlhaggett" (UK) - See all my reviews
(TOP 500 REVIEWER)    (REAL NAME)      
An often excoriating take on the current plight of the financial services industry, which takes the Northern Rock fiasco as a starting point for an examination of the wider picture.

There is definitely a right-wing slant to what is said, but this book is valuable for its readability and in particular its refusal to lose itself in financial jargon; instead, it makes complicated matters clear to the layman.
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Most Recent Customer Reviews

4.0 out of 5 stars Very useful account of the crisis
Alex Brummer, the Daily Mail's City Editor, has produced a valuable account of the origins of the crisis. Read more
Published 7 months ago by William Podmore

3.0 out of 5 stars Missing Pages
Beware!

I bought this book at a local book store. When I got it home I found the first 20 pages were missing! Read more
Published 10 months ago by David

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